An entirely crowdsourced business venture

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Those with innovative ideas often turn to crowdsourcing as a way to fund their ventures. GroupMinded is about to find out if the power of crowdsourcing can be harnessed to create innovation, rather than just fund it. Calling themselves part business venture and part social experiment, GroupMinded's concept is simple — 1000 individuals sign up as founders, and each gets a say in what happens. Exactly what will happen, nobody knows yet. And that’s the point — what if everything from concept through design, all the way to the stock market floatation was the result of crowdsourcing? Ten percent of…

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