Launching a successful business takes more than just a bright idea.
Through collaboration entrepreneurs are able to reshape ideas, refine
skills, network with industry professionals, and find investors.
is an Estonian company built on the idea that successful companies
emerge through collaboration between networks of free agents. They aim
to help the development of any kind of start up by giving entrepreneurs
the opportunity to share ideas, build teams, and find mentors, foreign
sales agents and investors.
So, how does HumanIPO work?
idea is for entrepreneurs to upload the early stages of their business
plan in "stealth mode" - this means no one on HumanIPO can see the plan.
The next step is to connect with your network of associates for
feedback. While in stealth mode you can invite people to check out your
plan. Inviting contacts from your address book and LinkedIn profile is
free, and you can send your plan to any HumanIPO member for €3 per
invitation (you get 2 free invitations). When people access your plan
they are required to sign an agreement not to publish any information
about your project elsewhere. Just like Facebook, your start up gets its
own wall; visitors can post comments, questions, files, or give
Once your start up is ready for additional visibility
you can publish your teaser to the HumanIPO directory, this opens your
start up to numerous new potential funding and partnership opportunities
- users who aren't in your address book will now be able to request
access to your plan. When you're ready to obtain funding, HumanIPO will
even set up a separate investment company that will become shareholder
in your enterprise; small investors will invest in your newly-founded
As far as fees go,
investors get charged 5% on the investment amount, and the entrepreneurs
involved will be charged €1,000 per year for administration of the
investment company, annual reports, and for handling dividends.