[2][3] The company is known for picking Elon Musk's idea of Hyperloop and incorporating it as founding party under Hyperloop Transportation Technologies Inc.[4] JumpStartFund is a Southern California based crowd-powered online incubator and crowd collaboration platform.
[5] The company provides a platform that allows building of communities around projects,[6] technologies and ideas.
The founding members of the company are Paul J.Coleman, Dirk Ahlborn, Andrew Quintero.
[12] After publicizing his concept of the Hyperloop in a white paper, Elon Musk declared he could not work to create a prototype because of his busy schedule and commitments to other projects with his own companies Tesla Motors and SpaceX.
[13] On 27.02.2015, JumpStartFund announced plans to build a 5-miles test track in California, to be built from 2016 to 2019, and financed by an IPO in 2015.