I read about this new site called HitForge that is focused on quickly building applications, giving them 12 months to succeed and if then if there is no success, kill them. Based on the article in Business 2.0, the company is investing $5 million in a 100 ideas and only needs to make 1 of them a success to recover the money. I think it will be successful. The model is somewhat similar to companies who have a team of talented developers to help build products and applications for other companies. In this case, the products and applications are being built for their own company instead of a third-party.
I wonder if they would need some ideas. I could help them with that for sure. Maybe there is a passive partner model here that can be supported.
Wednesday, May 2, 2007
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