Is this business idea legally feasible?

[seanlatham54321]

IL- Is this idea legally feasible?... A website that lets people share thier ideas for other startup websites and the peole can vote on which sites they would want to use. Then when a site has a large enough pool of people supporting it, funding can begin and anyone can buy into owning a percentage of the company. With that funding money the site will be built and people will be hired to run the business behind the scenes. Then The parent website will split some of the revenues with the new website owners and everyone makes out. So its like a stock market for new websites that builds companies in reverse. Hopefully it would spawn many new websites. What do you think?

 

[FlyingRon]

Legally? Sure why not.

Economically? Who do you think is going to invest all this money?

 

[seanlatham54321]

Well if there were enough users who voted for the site and the site already had enough devoted users then I figure people or angel investors will be willing to invest.

 

[TomD1974]

As Ron said, it is "legal".

But here is a little news - investors will not give anyone a dime based on a bunch of "votes" from the average yahoo. The business concept has to be sound. And if it is, no smart person is going to post their plans for the world to see. Instead, they will jump right in get investors as necessary by contacting them directly.