Title: “If at first, the idea is not absurd, then there is no hope for it” ~ Einstein<p>So, I was reading Matt's post about VC, which saw me following this link:<p>http://weblog.raganwald.com/2005/03/are-you-thinking-of-working-for-start.html<p>Raganwald States:<p>"A VC is having a good year when one in five investments hits a home run. If you honestly can do a better job of picking winners, drop your day job and go into venture capital. You’ll make way more money investing in start ups than working for them!"<p>I tend to agree, but of course I don't have the "fuck you" money to try my hand at VCing. What I need is a market that allows me to invest little bits of money into new ventures... What I need is a stock exchange, version 2.0.<p>So, I googled "what would it take to set up an online stock market" (I know, worst query ever) and I found this:<p>http://www.globalchange.com/stock.htm<p>Some wishful thinking, but interesting. What does HN think? Could a bunch of Hackers legally set up an alternative to stock markets that would work?<p>I'm fully aware that this idea is out to lunch, but I'm interested on hearing other people's opinions.
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