Jumpstarter, Inc.
TypeCrowdsourcing
Headquarters
Key people
Dirk Ahlborn
Andrew Quintero
Paul Coleman
Donald R. Thorne
Websitewww.jumpstartfund.com

Jumpstarter, Inc is a California-based company.[1] The company builds technology solutions to allow crowd collaboration. The technology allows for a combination of crowdsourcing and crowdfunding. The company has its own web portal, jumpstartfund, through which it explores the concept of a crowd-powered incubator.[2][3] The company is known for picking Elon Musk's idea of Hyperloop and incorporating it as founding party under Hyperloop Transportation Technologies Inc.[4]

JumpStartFund

JumpStartFund is a Southern California based crowd-powered online incubator and crowd collaboration platform.[5] The company provides a platform that allows building of communities around projects,[6] technologies and ideas. The founding members of the company are Paul J.Coleman, Dirk Ahlborn, Andrew Quintero. [7] They have also been part of Girvan Institute of Technology, a non-profit incubator providing help growing technology start-up companies.[8][9][10]

JumpStartFund was started in 2012 as a web portal for crowd collaboration and crowdfunding by JumpStarter Inc,.[11]

Projects

JumpStartFund is focused on entrepreneurial projects, especially:

Hyperloop

Hyperloop Transportation Technologies, a research company organized to bring Elon Musk's idea of Hyperloop into reality is backed by JumpStartFund.[12] After publicizing his concept of the Hyperloop in a white paper, Elon Musk declared he could not work to create a prototype because of his busy schedule and commitments to other projects with his own companies Tesla Motors and SpaceX. JumpStartFund considered it to be their first project and started work on it using their crowd collaboration platform.[13] On 27.02.2015, JumpStartFund announced plans to build a 5-miles test track in California, to be built from 2016 to 2019, and financed by an IPO in 2015. [14]

See also

References

  1. "JumpStartFund Looks To Make Elon Musk's Hyperloop A Reality". socaltech.com. Retrieved 13 June 2014.
  2. "Can Hyperloop Actually Be Built?". laweekly.com. Retrieved 13 June 2014.
  3. "Crowd Called To Power Hyperloop High-Speed Transport". industryweek.com. Aug 29, 2013.
  4. "From Conception to Funding". ecommercetimes.com. Aug 29, 2013.
  5. "Top U.S. engineers join crowdfunding effort to help turn Elon Musk's 'Hyperloop' from dream into reality". .nydailynews.com. September 26, 2013. Retrieved 10 June 2014.
  6. "Elon Musk's Hyperloop Dream Continues to Move Forward on JumpStartFund". Crowdfund Insider. crowdfundinsider.com. 31 October 2013. Retrieved 10 June 2014.
  7. "Hyperloop Update: Elon Musk Will Start Developing It Himself". forbes.com. Retrieved 10 June 2014.
  8. "JumpStartFund-Backed 'Hyperloop Transportation Technologies Inc.' to Publish Next Hyperloop Development Milestones". businesswire.com. 31 October 2013. Retrieved 10 June 2014.
  9. "A Southern California Startup Is Trying To Jump-Start Elon Musk's Hyperloop". forbes.com. Retrieved 10 June 2014.
  10. "JumpStartFund-Backed 'Hyperloop Transportation Technologies Inc.' to Publish Next Hyperloop Development Milestones". Yahoo. Archived from the original on 28 May 2014. Retrieved 10 June 2014.
  11. "JumpStartFund Launches First Ever Crowd-Powered Portal for Startups". Yahoo! Finance. Archived from the original on 11 June 2014. Retrieved 10 June 2014.
  12. "Elon Musk's pressurised transport system Hyperloop wants crowdfunding". news.com.au. Retrieved 10 June 2014.
  13. "Here's How Elon Musk's Hyperloop Dreams Are Coming True". wallstcheatsheet.com. Retrieved 10 June 2014.
  14. "Elon Musk's Hyperloop Moves Closer to Becoming Reality". NBC News. Retrieved 27 February 2015.
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