Startup Bus: New York Kicking Silicon Valley's Toosh
How long do you think it could take you to come up with an idea for a new company? Could you do it in 24 hours? How about in 1,500 miles?
If you're driving down to South by Southwest this year, you may be sharing the road with StartupBus, a group of entrepreneurs who are on a mission to start a company between the time they leave New York and the time they get to Austin.
The first StartupBus hit the road last year from San Francisco, but this year buses have already left from six U.S. cities/areas: New York, San Francisco, Silicon Valley, Chicago, Miami, and Cleveland.
The six locations are in a competition for the highest valuation, and right now Miami is kicking ass with close to $28,000. New York, you’re in second place. Oh, and the area in the country most known for its tech? Silicon Valley’s bringing up the rear with a meager $6,000. That’ll hardly get you to Austin and back.
We think it's a brilliant marketing scheme. First of all, everyone loves a schtick, and StartupBus has about as schticky a schtick as you can get. It's like they're trying to do some smartphone-wielding, high-yield investing version of Amazing Race. On a bus. And people are buying it! Investors pumping funds into the project without even knowing what it is.
We’ve just got one piece of advice for these self-titled Busrepreneurs: Chart a new course. Drive that bus straight to Mexico, take the thirty thou, and run.