Outvesting: Power to the people!

Posted by Admin on December 7, 2009

outvesting2

Some time ago the idea of outvesting was born out of discussions on Twitter and some Irish blogs. The concept was simple; donors chip in 50 euro each and when a total of 5000 euro has been reached the donors vote on which start-up this money should be given to (on a no strings attached basis). Short, sharp & simple.

Today the results of the first Outvesting round ware announced and while I am delighted that WE CAME SECOND I am even more delighted by the fact that the fantastic KildareStreet won. Go have a look at KildareStreet. It’s a fantastic and extremely worthwhile project giving everyone a direct insight in what and how much (or little) every person in our government is doing. While there are a whole bunch of people involved in the project it is mainly being driven by John Handelaar who is a bit of an enigma. Anyway, go check them out and give them all the help and support you can!

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