This Is Not Investment Advice

Will You Invest in Josh Weinstein’s Cloud?

A unique cloud investment opportunity has popped up in New York.
josh weinstein Will You Invest in Josh Weinsteins Cloud?

Mr. Weinstein. (Twitter)

Last week, Tyler and Cameron Winklevoss of Facebook and HarvardConnection fame appeared on CNBC’s Squawk Box to talk about their new fund, Winklevoss Capital Partners. Like many investors, they’re interested in investing in the cloud. “We think the cloud is going to be huge, it already is,” Tyler said. It’s important to find a truly unique cloud startup because there are so many cloud startups already, Cameron added.

Here’s a prospective investment for the Winklevii: Josh Weinstein’s cloud. “Everyone is talking about clouds and how everyone wants to ‘invest in the cloud,’” Mr. Weinstein, founder of the flameout social network CollegeOnly.com and now the CEO of YouAreTV, told Betabeat over the weekend. So he created InvestInMyCloud.com, a cloud startup that accepts donations via a website with a picture of a cloud. He’s also submitted a campaign to Kickstarter and hopes to raise $20. 

For payments, Mr. Weinstein has partnered with Amazon, which is widely acknowledged as a leader in the cloud space. The first investor was Matthew Witheiler of Flybridge. “I just got $10,” he told Betabeat by Gchat on Sunday. “LOL! We are break even!”

Mr. Weinstein said he is also looking for people to help me engineer the cloud, specifically candidates with strong HTML skills and “at least 2 days of CSS experience.” He added, “real-time highly concurrent/available messaging is a strong plus, as well.” These skills also happen to be applicable to his company YouAreTV, a video platform for interactive entertainment that hosts The Merton Show with the infamous ChatRoulette video performer.

Mr. Weinstein is teaching himself Javascript and Ruby on Rails. “I just like to hack on stuff as per my ‘learn to code’ blog post,” he said. “It’s part fun, part helpful, although this might have made my skills worse.”

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