Zurker.com is a new name in the list of social networking site after Facebook and Google+. It was just launched in January 2012 but it already has got everyone's attention due to it's business model.
For the first time ever, a social networking site is offering equity shares to it's members. When you signup, you all get 1 share which is equivalent to rupees 50 and yea, when the company goes public in March after distributing 1 miliion shares, they can be redeemed for money.
I really liked the democratic concept of it and with much difficulty have managed to get an invite.(It is still in beta and you will need an invite to signup. Also shares are only awarded for free during the beta signup).
If you want to signup too, here is the official invitation link:
http://www.zurker.in/i-1758-snajsjxxuj
Click on it and you will be redirected to the signup.
Signup and who knows when that rupees 50/share would be 5000/share. And not kidding, with Facebook IPO coming up in April, social networking sites would be a hot property.
3 Replies
@Arun
I am not judgemental on this nor have I offered any comments on its status.To me it is a shapeless mass as you yourself admit that one has to wait for a year or so! It is thus competely illogical to be either in favour or against it which,my posts hardly ever indicated. As for myself,I confined myself to the technical aspects or legal aspects of its issue of shares and never took serious interest as far as its Vshares are concerned. That's all about it!
I am not judgemental on this nor have I offered any comments on its status.To me it is a shapeless mass as you yourself admit that one has to wait for a year or so! It is thus competely illogical to be either in favour or against it which,my posts hardly ever indicated. As for myself,I confined myself to the technical aspects or legal aspects of its issue of shares and never took serious interest as far as its Vshares are concerned. That's all about it!
@Arun
I am not judgemental on this nor have I offered any comments on its status.To me it is a shapeless mass as you yourself admit that one has to wait for a year or so! It is thus competely illogical to be either in favour or against it which,my posts hardly ever indicated. As for myself,I confined myself to the technical aspects or legal aspects of its issue of shares and never took serious interest as far as its Vshares are concerned. That's all about it!
Chinmoy, I never said you were judgemental, I just said that we both should refrain from making judgements as of now as it is too early for that, as is the case with any new business startups.
I just quoted your post because you said, that my initial thoughts are turning out to be true which is not the case at all. The company is still at the same stage as it was when we started the discussion.
So I really don't understand what changed? And your initial thoughts weren't favorable, so I just thought I would chime in and offer a balanced opinion.
As far as the technical and legal aspects are concerned, the company is clean and legit. Though it may still fail but that would be more of a management and leadership issue (Along with competition from Facebook and G+) and not a scam issue.
Topic Author
A
Arun Jain
@arunjain
Topic Stats
Created
Sunday, 05 February 2012 19:43
Last Updated
Tuesday, 30 November -0001 00:00
Replies
0
Views
2.7K
Likes
0