Is this a brilliant PR move, or a sign of desperation? Web site builder Synthasite, is giving 1 million shares of stock away to users. Users earn shares by creating templates. Each template accepted by the company earns 1,000 shares for the creator. “We’re only selecting the best templates,” the company says. The company won’t say what percentage of the company they are giving away, but do say that the shares are valued at $250,000. Since Synthasite has not raised significant outside capital, that valuation doesn’t mean much.http://www.techcrunch.com/2007/09/04/desparation-time-synthasite-gives-stock-away-to-users/
http://synthasite.com/
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