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.