Crowdsourcing website JumpStartFund announced last month that it was creating a platform for the public to contribute ideas and plans for the hyperloop, an ultra-high speed transit system proposed by Elon Musk. After a month of planning, JumpStartFund will now spin the project into a company. It announced today that former SpaceX director of operations Marco Villa and former American Society of Civil Engineers president Patricia Galloway will lead the project. JumpStartFund contributors can volunteer to work full time on the project in exchange for equity.
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