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The Cisco I-Prize Contest is Lame

The Register reports that Cisco is running a contest to find their next big business: anyone can submit an idea; the winner - determined by Cisco - gets $10M in funding over three years, and helps start up a Cisco business unit.

Huh. So I have a billion dollar idea. Why is it that I want to give it to Cisco for $10M and a management position? And why in god’s name would I want to make it public on their contest website?

You can tell this one’s going to be a winner - its got Digg-style voting! Some of the great ideas out there are short range radar for cars (already exists, thanks for coming out), injectable RFID health info chips (already exists, thanks for coming out), keyboards the generate electricity with keystrokes, and a bunch of other generally goofy, out of date, or impossible to implement ideas.

Good luck Cisco!

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