March 19, 2026
Power In Numbers
A Letter from Ken Davis, the Founder of Microbid
Hey everyone. If you've made it to this page - then thanks for checking out what I have to share and what I'm offering. I'll get right to it...
Microbid is the 4th version of an idea I built more than 13 years ago and with each version I learned and improved it a ton every time. And, each version even started attracting other amazing, smart, brilliant, talented strategic partners - some who might soon become Co-Founders. But, what I'm looking for right now is Founding Partners - and a lot of them.
Because this current version is not just about my idea any more. It's more. Much more. It's needed. By many. And for the first time, I shouldn't have to "prove" it to anybody. The proof is all around us in all the increased costs of everything - especially the increasing price of gas (and groceries, which are closely connected to gas).
Heck, if we just auction gas cards then the entire platform could be all about just that. How many millions of people do you think would jump at the chance to cut their gas spending in half right now?
Anyway - I've decided to make this entire platform 85% member-owned and semi-decentralized, so people never lose control. We're taking a "Fractional" approach because we know everybody's busy and has a million things going on...
So, we're looking for the first phase of Founding Partners/Members - a big group of people (at least 10,000) to help us bring it to market aggressively. Divide and Conquer. Plus, we're going to go after all the major foreign markets and countries and find Partners IN those countries who want to run a Microbid specifically for their country. That way, we don't have to even waste energy thinking about language and cultural differences - our Partner in that country can do that - and collect a lion's share of revenue from their market in return. For example, I have a long, trusted friend and associate in the Colombian Market. He's a native spanish speaker and very worldly and a technology genius.
And, trust me - when you really think about "the numbers" (since yes, we're taking a fractional approach) there's a lot of potential wealth in this concept to go around. Mark Zuckerberg owns 13-14% of Facebook and that small percentage makes him the 5th richest person on earth - https://www.forbes.com/real-time-billionaires/
I designed Microbid to be a platform for potentially 2-5B+ working class people around the world. Though I suspect it would only ever peak out around 2.5B at best. That has more to do with the internet itself and how many people are actually "on" it - like really "on" it.
Anyway, a lot of other countries and people have been and are experiencing the very same types of price increases that the US has been going through for years. So, Microbid isn't just a platform for Americans - it could and should be a global one too. In fact, we have potential partners in London who are ready to bring a UK version to that entire market over there.
In return for becoming a Founding Partner, you're all pretty much going to run the next phase of the internet if we're right about what's coming. And that is - the fact that the "Attention" Economy is ripe for disruption. And, everybody's so focused on AI they're not thinking about the one thing that's still even bigger - people's livleihood.
If you give people a platform that helps them make more money, save more money, get more out of their money and potentially generate wealth - thEN most of them will prioritize that over a lot of the other distractions the internet is currently made of.
AI is great, but a lot of us already missed that boat - or, simply don't have the money to truly pursue it.
So, we want to put a massive group together that focuses instead on a new way to do E-Commerce. An aggregated, collective economy - the Auction Economy. Auctions are one of the oldest forms of commerce in the world, so it makes poetic sense that they would be used to re-invent the true future of commerce.
Microbid helps combine the spare pocket change of millions of people in a way that creates millions of dollars in totally new rewards & sales (that would've never existed had those tiny, forgettable amounts not been combined) - then it immediately gives those rewards & sales back to members in the form of Loyalty. It's sort of like the biggest Loyalty Program ever created.
Imagine - 10M people putting $0.30 into the same bucket every day. You'd have $3M in new sales - per day. For some people that could be a cup of coffee (or tea) or a smoothie, or a washing machine or maybe even gas for their car.
Now, imagine 1B people putting in $0.30/day - or $9/month. You'd have $9B in totally new commerce every single month - made up from forgettable change that wasn't going anywhere anyway. That's $108 Billion per year - and that doesn't even include how much revenue it could generate from various means. This would be the world's next Trillion dollar company - there are currently about 10-12 with 4 existing brands close to reaching that status.
Facebook admittedly makes $7B+ per year off fraudulent ads - it's in their most recent end of the year Earnings Report. That's $19M per day. One could say that means their Ad quality and effectiveness is diluted - and/or that their Ad prices are over-inflated.
So, if someone were to create a platform that serves the same (or a similar) amount of people - in a different way and allows small to medium brands and businesses to reach them too - but in the form of Sponsored Auctions vs banner ads - could that platform potentially generate $7B a year that wasn't for fraudulent ads? Or even $1B per year? Or even $100M per year, which at today's valuations would probably make it a $1B-$3B company. And, could that company's platform be automated enough where 85% of that $7B could go directly back to its members in the form of Loyalty Rewards + Benefits? And, the rest would be enough to "run" the company?
FYI - 15% of $7B is a little more than $1B. If you didn't have to answer to stock holders and didn't blow excessive money on a bunch of stupid stuff, you could probably easily run a Loyalty-based, E-Commerce driven Auctions platform with $1B per year. Even at $100M per year that still leaves $15M to run the company.
The point is - you could easily give 85% of the company to your Members + Partners. Most companies give that to their Shareholders.
Anyway, we think yes is the answer. And, that there's no better time than now.
If you're interested in becoming a Founding Partner - check out our Microbid Partners Page and we're also working on a Kick-Off Founding Owners/Partners promo - it'll tell you everything you need to know. We'll soon be doing Zooms with everyone - then we'll record them, so potential Founding Partners can watch if they missed it.
And, in short - this is all being constructed as a Global Limited Partnership (ie. a big LP). The initial, one-time contributions from Partners is an average of $5 because we want to make this as low-risk as possible for a massive group - with an upside that could turn every $5 you buy-in (if you choose to buy in at more than $5) into a potentially $500 to $5,000 return. Although, we think based on various market factors the upside potential could be turning $5 into $10,000. And, there's an additional RevShare aspect to this (we're explaining with our Founding Owners Kick-Off) that could allow each Partner to net another $50k to $100k per year from a very specific kind of RevShare. And, this is all at the minimum buy-in of $5. We're about to use compounding interest and a bunch of other financial strategies and pricinples to teach a lot of people that $5 is more powerful than you think.
https://microbid.com/partners and https://microbid.com/owners (both nearly done and ready to launch)
Feel free to email me any time: ken@microbid.com
My LinkedIn is: https://www.linkedin.com/in/askeachother