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news, Strangers In the Night

myTreat App Lets You Find The Nearest Sugar Daddy

This is a mock-up the company made for us based on previous tweets. Nitasha will not actually buy you goat curry, unless you ask nicely.

Everyone enjoys getting a special unexpected treat every so often. For some it’s just a small red velvet cupcake after work, but for others it’s getting your entire college tuition taken care of by a stranger. Luckily, there is now myTreat, a location-based iPhone app that lets people consensually take advantage of one another for smaller ticket items.

The app launches today and was created by Ben Tao and Eric Lai, the team behind Offbeatr, the “Kickstarter for porn.” Although there is a risque element to this new app, the creators stress that this is a new project that doesn’t involve any adult content. Read More

Freebies, news

Paul Graham Giving Away Billion Dollar Startup Ideas, Basically

"You're welcome!" (via twitter/pg)

Betabeat first alerted you to the phenomenon of investors giving away their best ideas like so many party favors last June. But it appears repeat offender Paul Graham is at it again!

Back in 2008, Mr. Graham kicked off the practice by posting a list of startups Y Combinator would like to invest in. “We don’t like to sit on these ideas,” he noted, “Because we really want people to work on them.” But his latest offering to the shared pool puts that list to shame.

On his personal blog recently, Mr. Graham posted seven (count ‘em, seven) different “Frighteningly Ambitious Startup Ideas” that could make you (yes, you!) a billionaire. Read More