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19-May-12
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Student Startup SkillHub.com Debuts at NYSE to Win $25,000

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The room erupted in applause, not just for the opening bell to commence trading on the floor of the New York Stock Exchange, but for the promise of next generation entrepreneurs.

Competing in the nationwide “Movers & Changers” competition, launched by NYSE [ NYX 26.96  -0.77 (-2.78%) ]and mtvU, the fresh-faced finalists will leave the trading floor with $25,000 in start-up money, and instant name recognition – at least among the other 149 contestants who didn’t make the cut.

And the winner is...a new website. But not just any website. Skillhub.com is the brainchild of two University of Pennsylvania seniors who both happened to intern at Google. [ GOOG 613.00  +4.65 (+0.76%) ].

Their idea, they say, was a mutual ah-ha moment.   "When Karishma told me on Skype about his video-sharing website idea, I said hold on, and sent him an email of mock designs of a website — it was the exact same idea," said Sushanth Bhaskarabhatla of her now partner Karishma Shah.The website, comparable to "indirect" competitors Ebay [ EBAY 31.41  -0.35 (-1.10%) ] or Craigslist, will instead specialize in tutoring skills, and expand what are typically localized connections to worldwide access.

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