Basically the title. What is a business idea you saw or heard of and thought "surely this can't be real" but the other person was totally serious?
I'll go first - a CEO I was talking to went in detail about meeting this student (emphasised on destiny and how bright the student was, etc etc) and said his idea was - Companies can't advertise on their carry bags by law so we should buy that advertising space and sell it to other companies.
For clarification - Courts have said a consumer can't be a buyer as well as advertiser, so if a carry bag has the brand's logo or something on it, you can't charge for it.
This CEO and the "bright student" thought that the law just prohibited the brand from advertising its own self on the bag. I asked him if he was trying to say we should buyout the space on all McDonald's carry bags and advertise Domino's or Reynolds on it, and he said "Yes."
Prorata cars, Startup buys a vehicle, leases it to group of 4-12 friends, and allows usage like rental car for equal tenure, repeat untill 5yrs then scrap the car and redistribute proceeds.
Explaning their stupid offering from my memory.
4 guys wants a Thar car
pay 5L each to startup they buy the car form an LLC and lease back to users for 5years and also charge few 20-30k annual maintenance fee.
Each guy gets to use the car for 4/12= 3 months per annum.
And after 5 years company sell the car and distribute sum among them.
They claim to take responsibility of accident repair, but don't have any action plan in case of unavoidable availability problem or scheduling mismatch, and many other genuine questions.
Prorata cars, Startup buys a vehicle, leases it to group of 4-12 friends, and allows usage like rental car for equal tenure, repeat untill 5yrs then scrap the car and redistribute proceeds.
Explaning their stupid offering from my memory.
4 guys wants a Thar car
pay 5L each to startup they buy the car form an LLC and lease back to users for 5years and also charge few 20-30k annual maintenance fee.
Each guy gets to use the car for 4/12= 3 months per annum.
And after 5 years company sell the car and distribute sum among them.
They claim to take responsibility of accident repair, but don't have any action plan in case of unavoidable availability problem or scheduling mismatch, and many other genuine questions.
We all have come across startup ideas that are either genius or completely absurd or sometimes both! 😂 What’s the most interesting or funny startup you have encountered???
A friend pitched an app for finding people to stand in lines for you. Somehow, it got funding. It was a fellow founder from SF. What's the weirdest business concept you've encountered?
