Think You Can Guess the Next Big Startup? Put Your (Fake) Money On it

 By 
Stan Schroeder
 on 
Think You Can Guess the Next Big Startup? Put Your (Fake) Money On it
Mashable Image
Credit:

Virtual stock trading is nothing new; there are hundreds of services that offer it, and many online brokers have caught up, too. But, if you - like me - are knee deep in the wonderful world of Web startups, perhaps you'd like to try your hand at Startup Exchange, a virtual stock trading application focused only on Web startups.

The premise is simple: you get 100.000 virtual dollars, buy and sell startup stocks, and try to earn money. It's created by TradeVibes, which leverages its existing community to determine the valuations for startups. In their own words, "the prices of the companies in the exchange represent the community's view on the valuations for these companies," which pretty much means that the stock prices go up and down randomly - just like in the real stock market.

So, if you're the gambling type, and are sick of losing real money on the stock market (it's ok, you can admit it), Startup Exchange might be a welcome change for you.

Mashable Image
Credit:

The biggest stories of the day delivered to your inbox.
These newsletters may contain advertising, deals, or affiliate links. By clicking Subscribe, you confirm you are 16+ and agree to our Terms of Use and Privacy Policy.
Thanks for signing up. See you at your inbox!