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3 Guys in a Garage Launches $100 Challenge for Investor Leads

A digital media incubator called 3 Guys in a Garage has launched an innovative social networking challenge to gain leads to potential investors. It’s banking on the power of social networks and word-of-mouth to finance its new media ideas. “Here is a way for you to get involved as a virtual venture capitalist, by using your networks to help us find investors. We’ll give $100 for each referral that leads to investment. Our goal is 100 referrals that lead to $500,000 investment.”

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