Also see our private blog "CashcowPaddock" (in German only), where the CouchTycoon founders BlueHorseshoe and Couchinator comment on German ventures and other start-up related blogs.
Or follow us on our trips at culchie.org
About
Some words about Mr. Idle, his goals and his team
Mr. Idle is the man sitting on the couch, illustrated as the CouchTycoon logo. Mr. Idle wants to make starting a company as easy as writing an e-mail. Mr. Idle founded CouchTycoon for bringing the hottest ideas out there to live, for bringing bright business models, ambitious entrepreneurs and believers together.
He aims to grow to the strongest investment consortium trough the power and wisdom of united internet users all over the globe. His personal goal is as simple as it is ambitious: # 1 of "Forbes Fictional 15"
On behalf of Mr. Idle and his goals the CouchTycoon team is working really hard. BlueHorseshoe, Couchinator and Elmariache are his assistants from the first hour of the CouchTycoon idea. They are working on the project exactly the same way like entrepreneurs on CouchTycoon could do. Using a simple "blogger" blog as meeting agenda, some google services and skype to communicate - that´s it. Mr. Idle loves frugality.
To learn more about the team, the spirit and the Mr. Idle please visit the CouchTycoon-Blog and the Idle-Family-Blog, published by Bambi Idle;)
P2P Venture Market
As far as we know, CouchTycoon is the first P2P venture market.
Create.
The basic idea of CouchTycoons brand new P2P funding is that every registered user is able to submit and promote any kind of venture that can be funded by other users.
Invest.
In the initial couch offering (comparable to IPO) users microinvest in so called venture asset slips (comparable to shares) for 4.1 USD each.
Control.
A significant aspect of CouchTycoon is that the ventures listed on the exchange (after successful initial couch offering) are ruled by the wisdom of the investor´s crowd. Investors steer the ventures in venture votings.
Trade.
Investors can buy and sell asset slips from each other at prices built by offer and acceptance.
The legal situation
CouchTycoon.net, run by the german PIPELINE ventures GmbH located in Hamburg, acts as custodian and holds in trust the shares of the venture that are placed in the initial couch offering. Due to legal reasons CouchTycoon is organized game-like and uses it’s toy money CouchChips. Nevertheless ventures, speculation profits and loss are real.
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