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lnomm34 
USA Fan
Mississippi
Member since Oct 2009
7429 posts
 Online
| re: Investors (Posted on 12/4/12 at 4:20 pm to Meaux Bettah)
 
ETA: 
This post was edited on 12/4 at 4:21 pm
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Geauxld Finger 
LSU Fan
Baton Rouge
Member since Jan 2005
17739 posts
| re: Investors (Posted on 12/4/12 at 4:21 pm to Meaux Bettah)
quote:
format of the contest
so its a contest?
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TigerBait2008
LSU Fan
Death Valley
Member since Jun 2008
10035 posts
| re: Investors (Posted on 12/4/12 at 4:21 pm to Meaux Bettah)
quote:
Nobody gives away money.
No one is gonna invest there money for you to give away..I'd love for you to take this to Shark Tank.
Would be the fastest bunch of No's and exit ever.
And for that reason IM out..
This post was edited on 12/4 at 4:22 pm
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Siderophore
LSU Fan
Member since Nov 2010
3334 posts
| re: Investors (Posted on 12/4/12 at 4:21 pm to barry)
Exactly.
The prize money should be internal.
Reinvesting income the site is already generating.
What happens if the idea is a good one but simply doesn't generate enough to make a profit after being 1.8 million in a hole? If it needs more time.
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Meaux Bettah
LSU Fan
Tiger Nation
Member since Nov 2011
1304 posts
|
quote:
If i were an investor I want to see a prototype of the idea and or storyboards of it.
You have to copyright the idea under intellectual property. You also don't give away too much about how the product or whatever works. Get a plan first. Get a prototype, then pitch it to people at venture capital firms
We have all that.
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777Tiger
LSU Fan
Member since Mar 2011
5671 posts
| re: Investors (Posted on 12/4/12 at 4:21 pm to Meaux Bettah)
Run from anyone who refers to themselves a venture capitalist.
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Notro
LSU Fan
Alison Brie's Boobs
Member since Sep 2011
3740 posts
| re: Investors (Posted on 12/4/12 at 4:22 pm to Meaux Bettah)
quote:
Thanks, I think that's for smaller projects, but I appreciate it.
You are asking for 1.8M, the pebble watch got nearly $11M when they were only asking for $375,000. I'm out. 
This post was edited on 12/4 at 4:28 pm
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Breesus 
New Orleans Saints Fan
House of the Rising Sun
Member since Jan 2010
15526 posts
| re: Investors (Posted on 12/4/12 at 4:23 pm to Meaux Bettah)
quote:
You don't understand the format of the contest. It's not lottery. Not cbs, espn, yahoo.. anybody! Nobody gives away money.
Well actually, yes they do.
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Meaux Bettah
LSU Fan
Tiger Nation
Member since Nov 2011
1304 posts
| re: Investors (Posted on 12/4/12 at 4:24 pm to Siderophore)
It will generate that money. Easily.
Proper ad campaign will do it. I can't get into the particulars of the format of the contest and how the money is generated.
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Siderophore
LSU Fan
Member since Nov 2010
3334 posts
| re: Investors (Posted on 12/4/12 at 4:24 pm to Meaux Bettah)
The lottery comparison is from the fact that your draw is a monetary prize than the idea itself.
Your "idea" basically seems to be an expanded FF league with a money prize attached to it.
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Meaux Bettah
LSU Fan
Tiger Nation
Member since Nov 2011
1304 posts
| re: Investors (Posted on 12/4/12 at 4:24 pm to Breesus)
Link?
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TigerBait2008
LSU Fan
Death Valley
Member since Jun 2008
10035 posts
| re: Investors (Posted on 12/4/12 at 4:25 pm to Meaux Bettah)
quote:
Proper ad campaign will do it. I can't get into the particulars of the format of the contest and how the money is generated.
Sounds like scam written all over it..
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Breesus
New Orleans Saints Fan
House of the Rising Sun
Member since Jan 2010
15526 posts
| re: Investors (Posted on 12/4/12 at 4:25 pm to Meaux Bettah)
quote:
I guess a million dollar prize would never get someone interested.
So you have no patents, no sales, no product, no prototype, and you want to give away my money?
I'm out.
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barry 
Cincinnati Fan
Location, Location, Location
Member since Aug 2006
34655 posts
Online
| re: Investors (Posted on 12/4/12 at 4:26 pm to Meaux Bettah)
quote:
YEah.. I guess a million dollar prize would never get someone interested. What am I thinking??
You can't just slap a million dollar prize on something and expect it to be successful.
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barry
Cincinnati Fan
Location, Location, Location
Member since Aug 2006
34655 posts
Online
| re: Investors (Posted on 12/4/12 at 4:27 pm to Meaux Bettah)
quote:
It will generate that money. Easily.
So why don't you promise that money and then use to money you make to pay off the winner?
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Tmacelroy12
LSU Fan
Houston
Member since Aug 2012
5489 posts
| re: Investors (Posted on 12/4/12 at 4:28 pm to barry)
You can slap a million on me and I think I'll be successful
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SDVTiger 
UCLA Fan
Cabo San Lucas
Member since Nov 2011
1956 posts
| re: Investors (Posted on 12/4/12 at 4:28 pm to Meaux Bettah)
Shark Tank.
Make sure you have a website and sales.
FF doesnt go over well with Investors. I have tried
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LSUAlum2001
LSU Fan
Tier BP
Member since Aug 2003
23764 posts
| re: Investors (Posted on 12/4/12 at 4:28 pm to Meaux Bettah)
You going to put a laser on the moon and call it the Death Star?
Extort money.
Profit.
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TigerBait2008
LSU Fan
Death Valley
Member since Jun 2008
10035 posts
| re: Investors (Posted on 12/4/12 at 4:28 pm to Breesus)
quote:
So you have no patents, no sales, no product, no prototype, and you want to give away my money?
I'm out.
That's 5 no's thanks for your time.
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Breesus
New Orleans Saints Fan
House of the Rising Sun
Member since Jan 2010
15526 posts
| re: Investors (Posted on 12/4/12 at 4:28 pm to Meaux Bettah)
quote:
Link?
I'm not here to do research for you. Develop your idea, get some sales experience, make it work on a small scale and come back. Maybe Mark Cuban will work with you. But I just cant see us getting along.
I'm out.
ETA:
Id like to come back in. I'll offer you $40 via paypal in exchange for %40 if another OTer will put up a million dollars for %60
This post was edited on 12/4 at 4:30 pm
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