Lars Hinrichs and the Financing Model of the Future
Jun 19th, 2010 by admin
In the framework of Exciting Commerce's Exceed Program these past months, we have given a lot of thought towards what the optimal financing model for an innovation program should look like. It is generally known that due to fallen start-up costs, existing investment models (incubators, VC models and the like) are not the best incentives for the next generation of innovators who will change the world for us.
For this reason, there are currently many experiments ongoing in the investor scene aimed at finding new models which will maximize chances of finding the next revolutionary idea.
Lars Hinrichs and the design consultants from IDEO have developed HackFwd, a financing model which is specially designed for developers and has raised an enormous furor in the Web/Techscene.
Originally posted in German by Jochen Krisch, adapted for excitingcommerce.com by Jason Soo.[source:excitingcommerce.com]
[vimeo]http://www.vimeo.com/12371074[/vimeo]
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