After Los Angeles-based entrepreneur Earl Cole won Survivor: Fiji in 2007, he used part of his $1 million prize to invest in tech ventures and philanthropies. Now he's fused both passions into a site for his nascent sports company Fanstreme -- The Player's Bracket, a kind of Kickstarter for March Madness.
What do you call a mode of production in which laborers toil without pay for the financial betterment of their superiors? March Madness, baby.
Student-athletes make millions in licensing and ticket sales for top universities and don’t receive a penny. That sucks, but Fanstreme, a mobile gaming company focusing on sports, thinks it has a solution: Let fans pay the players.