Software community no longer requires invitation code.
A few weeks ago, I helped launch VirtualVentures.com at DEMOfall in San Diego. Until now, you had to have an invitation code to participate in the beta. It’s now open to anyone…you can register at www.VirtualVentures.com.
We acquired the VirtualVentures.com domain name after much deliberation. We made a “short list” of about a dozen names for the site, and this one kept coming out on top. We contacted the owner, who requested $2,800 for the domain. We settled on $2,000 and the transaction went through flawlessly. It was many times what the current owner was making from pay-per-click, and we got the name we wanted.
So what is Virtual Ventures? At Virtual Ventures, you put on the hat of an investor and “invest” in promising software technologies with virtual dollars. These technologies were built by companies for either internal use or R&D. After you invest in the winners, we connect the technologies to software companies that can commercialize them and bring them to market. You get a return on your investment when a technology is commercialized.
There’s also a way to make money by participating. You can send a referral to someone you know at a software company. If they end up commercializing the technology then you earn money.
Since launching, Virtual Ventures has been covered by Wired.com, ZDnet, VentureBeat, and several other publications. I’ve been traveling to meet with companies interested in investing in the company. If you know any high tech investors, feel free to send them my way 🙂
Virtual Ventures is in open beta. We’re working out some kinks and I welcome your feedback. Please register at VirtualVentures.com.
[note: Although I co-founded the company behind Virtual Ventures, it is not associated with Domain Name Wire.]
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