Daymond John is partnering with Mattel to invest in the most 'ridiculous' ideas

With the rise of entrepreneurship across the United States, there's no reason why anyone should be afraid to start their own business -- even if your idea seems ridiculous.

In fact, thanks to Mattel's latest initiative, the more ridiculous your idea the better.

The American toy manufacturing company recently launched Silicon Valley Startups, an entertaining card game that pits “Entrepreneurs” against each other to pitch hysterical startup ideas to “Investors.” The rules of the game are simple: each player picks a Company Name, Target User, Industry and Hot Trends. From there, players have to convince the investor why their idea should win the funding -- and the funniest, most out-of-the-box idea wins.

But the fun doesn't end there. Entrepreneur and investor Daymond John is partnering with Mattel to help discover and invest in some of the best of the worst startup ideas -- ever.

From now until December 20, aspiring entrepreneurs have the opportunity to enter the Silicon Valley Startups contest for a shot at $50,001 in seed funding -- $1 more than the leading industry prize for disruptive startup ideas.

“I’ve heard my share of ridiculous business pitches over the years, and it will be fun to go against everything I know to help find the winner of the Silicon Valley Startups Contest,” said John. “If the entries reflect the creativity seen by playing this game, I can’t wait to see what America comes up with!”

Check out John's interview with AOL Finance here:

Silicon Valley Startups is now available for purchase at Target in stores and online.