Published by FON on 27 Aug 2008
Come Together Over Myobar
A London company has organized to give just about anyone the chance to own a nightclub. Myobar (My, Your, Our Bar) is giving the online public a chance to put their money and their ideas into the creation of a new London nightclub. With 5000 shares to be had at £150 each, partners will be able to manage the bar as well as have a say on the name of the bar, interior, food, theme nights, and a bevy of other decisions.
The company posted the following on their Facebook profile:
“From buying just one share you will get to vote on all the major and some minor business decisions online. It could range from selecting the bouncer to the choice of vodka all the way to the colours of the toilets. Or you could just settle in the knowledge that you own your very own bar.”
While the idea is interesting, the chances of success will remain to be seen. Crowdsourcing in the service industry is a relatively new concept. The Washington Post recently ran an article on Elements, an online community that is funding and contributing ideas to build a neighborhood restaurant.