open source venture funding

Since I am a sucker for all things open source, I found a recent post by Mark Cuban on his blog challenging anybody with an idea to submit a business plan and be funded instantly very interesting.

As he puts it.....

You must post your business plan here on my blog where I expect other people can and will comment on it. I also expect that other people will steal the idea and use it elsewhere. That is the idea. Call this an open source funding environment.

Pretty cool challenge. I expect a lot of phone applications that will meet the 13 criterias listed.