Interesting article in the Wall Street Journal. Seems the web has created a new form of fan base. I am calling this MicroOwners. In the past, if you wanted to own a piece of a sports team, it was on a fantasy web site. Fake teams to allow us to dream. But now, for a small amount of money ($70.50) you can own a piece of a minor league soccer team.
myfootballclub.co.uk
26,000 owners.
Can this trend continue? Think of Micro Venture Capitol. I want to start a company. I develop a business plan and then make my pitch to the VC guys. But now, the VC guys are not suits or millionaires, they are average Joe's with a bit to invest. Wonder what the model would do.