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12/18/11

Do You #Wahooly?

Social Media sites come and go like 90's hair-fads these days, but one new website caught my eye recently.

It's called Wahooly, and promises you a piece of the pie for hundreds of startups in the coming year.  The way it works (in theory) is you as a blogger/tweeter use your influence to promote a company.  In turn, this company gives you a stake in the profits.

This includes Wahooly itself.  They offered 25,000 spots for people to split a 5% profit share in the company.  Yes, that means that I'm only getting 2-ten-thousandths of a percent, but that means I get $100 for every 20 million this company makes.

Not a lot of cash, no.  But I'm not exactly putting 40+ hours a week into this.

Their goal is to show followers about 200 startups in 2012.  The design will be similar:  Use your influence to promote the startup, and get a piece of the profit pie.

Is this going to make a lot of people rich?  Maybe, maybe not.  But it seems like a novel idea.  The internet seems to fuel the modern world these days, so why not try to tap into that power?  And why not reward those who help make you successful?

Imagine if Facebook did this long long ago...

I'm not sure if there are any spots left, but give Wahooly a look.  I received my invite due to a high(ish) Klout score, so there may be some criteria to get in.  Regardless, money is money.  Check it out.

And if you see a lot of Twitter-spamming coming from me about @TeamWahooly, you'll know why.
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11 witty retorts:

Gia said...

Interesting! I like the idea...and Wahooly is an awesome word. I make most of my decisions based on how much I like the sound of things. It's how I picked a college.

Bart said...

hmm yeah i should problaby just try this out but i doubt i'll advertise for em or anything like that. probably just sign up and forget about it

Adsila said...

Wahoo(ly)- interesting word and concept. I may take a look-see.

Random Girl said...

Interesting concept... I'm digging into this...

G said...

my biggest gripe with facebook is that it gives nothing back...at least with this you have a stake in what you promote

Melanie said...

very interesting...

Lady Estrogen said...

It's all about the Klout, right?
Oooooh yeah.

Tony Holmes said...

Thanks for the write up!

Lost.in.Idaho said...

What made me smirk is the fact I just finished writing a "Does Twitter work?" article two days ago.

I'm still trying to find out where my influence truly lies. Twitter is more about funny quips and every now and then getting a good amount of traffic on a post. My blog seems to be my strong #1, so I'm curious on how my influence will be measured.

I see graphs and charts "coming soon" on Wahooly. When this thing gets crackin, I guess I'll see how much weight I actually pull. Game on, interwebs! Game on!

Workingdan said...

I have enough trouble promoting myself. I don't think I have the time or energy to advertise something else!

The Tsaritsa a.k.a. Alexandra Naughton said...

Hmmm, I may check this out. Seems like a good idea, and it would be awesome to get paid for supporting something you already like.

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