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Investors

Posted on 12/4/12 at 3:55 pm
Posted by Meaux Bettah
Tiger Nation
Member since Nov 2011
2591 posts
Posted on 12/4/12 at 3:55 pm
How do you find an investor for a project without giving them too much information so that your idea can be stolen? It's hard to get someone to sign a NDA before you tell them what you have in mind.

A friend and I have (I swear) a very sure way to make hundreds of millions very quickly. We need 1.8 million to make it happen fast(3 months) and about 1.2 to make it happen in 6 months.

$20 to 40 million 3 months after the 1.8 mil. would be committed. Then double that next year. The investor would get 40%. That is a little low, but the return would be in 3 months, so that's the trade off.

Everything is ready to go on our end to get started. We just need to partner up with an investor.

How do you do this? I don't know.

I just know if someone wants to listen for 5 min. I can show them after they sign an NDA.

This is no scam or joke. I'd love to find an investor from La. to do this project. It involves sports, mainly football. It will be high profile and well known world wide.

We are 100% confident in success.

If you're not an investor and have advice (can't wait for the jackass advice, too) on how to get in front of someone looking to invest, let me know your contact info. Thank you.

Posted by Breesus
House of the Rising Sun
Member since Jan 2010
66982 posts
Posted on 12/4/12 at 3:56 pm to
Posted by jamboybarry
Member since Feb 2011
32638 posts
Posted on 12/4/12 at 3:57 pm to
someone already invented the flesh light
Posted by barry
Location, Location, Location
Member since Aug 2006
50336 posts
Posted on 12/4/12 at 3:57 pm to
quote:

A friend and I have (I swear) a very sure way to make hundreds of millions very quickly.


No you don't.


You are smoking crack if you think someone is gonna give you 1 million plus for 40% of a company that is an idea.
This post was edited on 12/4/12 at 3:59 pm
Posted by geauxtigers585
Baton Rouge
Member since Aug 2006
3832 posts
Posted on 12/4/12 at 3:58 pm to
Id really like to know what your idea is
Posted by Kafka
I am the moral conscience of TD
Member since Jul 2007
141386 posts
Posted on 12/4/12 at 3:59 pm to
quote:

I'd love to find an investor from La. to do this project. It involves sports, mainly football

The Bobby Hebert School of Broadcasting?
Posted by tigerbutt
Deep South
Member since Jun 2006
24537 posts
Posted on 12/4/12 at 4:00 pm to
Banks tend to invest if they think your idea will fly. I guess it won't fly.
Posted by Geauxld Finger
Baton Rouge
Member since Jan 2005
31657 posts
Posted on 12/4/12 at 4:01 pm to
quote:

A friend and I have (I swear) a very sure way to make hundreds of millions very quickly
quote:

This is no scam or joke. I'd love to find an investor from La. to do this project. It involves sports, mainly football. It will be high profile and well known world wide.



And you come to the OT for advice. Jesus
Posted by braindeadboxer
Utopia
Member since Nov 2011
8742 posts
Posted on 12/4/12 at 4:02 pm to
Man funny you should post this. I just got an email from a guy in Nigeria with tons of money. I could give you his email. He's like an African prince or something. Really awesome guy.
Posted by Siderophore
Member since Nov 2010
3338 posts
Posted on 12/4/12 at 4:02 pm to
You are trying to run before you can crawl, much less walk.

Get your patents and things on paper.

And start a kickstarter to get something tangible rolling.

No one savy to have 7 figures to throw around on investments will give you a dime without at least some form of proof of concept.

And indications of consumer demand from the kickstarter won't hurt.
This post was edited on 12/4/12 at 4:03 pm
Posted by Tmacelroy12
Houston
Member since Aug 2012
5489 posts
Posted on 12/4/12 at 4:02 pm to
If you have an idea, formulate a business plan and pitch it to venture capitalists and local banks. Banks most likely won't take a stab at it because they might be risk-averse but you never know
This post was edited on 12/4/12 at 4:04 pm
Posted by ATL TGR
Houston
Member since Apr 2008
2878 posts
Posted on 12/4/12 at 4:03 pm to
quote:


$20 to 40 million 3 months after the 1.8 mil. would be committed. Then double that next year.


quote:

I swear


quote:

How do you find an investor for a project


Good luck with that
Posted by Alabama Slim
2009,2011 BCS National Champions
Member since Jul 2007
9921 posts
Posted on 12/4/12 at 4:03 pm to
asking advice on the OT is a sure fire way. make sure to mention it when approaching investors.
Posted by DWaginHTown
Houston, TX
Member since Jan 2006
9850 posts
Posted on 12/4/12 at 4:03 pm to
Posted by Meaux Bettah
Tiger Nation
Member since Nov 2011
2591 posts
Posted on 12/4/12 at 4:04 pm to
We've been working on it for 6 years. Just tweeking here and there for the last 3. It's frustrating to know you have the golden ticket and no way to cash it in.

I guess I can tell you that it is the next level of fantasy football. All fantasy, but football is the bell cow.

Fantasy football is no joke. 40 million players this year. We found the next progression that everybody who plays now would welcome.

That's about all I can put out there about it.

But, if you believe in the power of FF, then you know it's a safe investment.
Posted by braindeadboxer
Utopia
Member since Nov 2011
8742 posts
Posted on 12/4/12 at 4:05 pm to
quote:

next level of fantasy football


Now I'm fantasizing about what your next step is
Posted by Notro
Alison Brie's Boobs
Member since Sep 2011
7879 posts
Posted on 12/4/12 at 4:06 pm to
So your value on your company/idea is $45M?? What are your current sales?
Posted by Breesus
House of the Rising Sun
Member since Jan 2010
66982 posts
Posted on 12/4/12 at 4:06 pm to
quote:

I guess I can tell you that it is the next level of fantasy football. All fantasy, but football is the bell cow


Video games already exist.
Posted by barry
Location, Location, Location
Member since Aug 2006
50336 posts
Posted on 12/4/12 at 4:09 pm to
quote:

We've been working on it for 6 years. Just tweeking here and there for the last 3. It's frustrating to know you have the golden ticket and no way to cash it in.


How exactly do you need 1.8 million dollars to start a fantasy football site?

Are you getting a fricking super bowl ad?
This post was edited on 12/4/12 at 4:10 pm
Posted by Siderophore
Member since Nov 2010
3338 posts
Posted on 12/4/12 at 4:09 pm to
FF?

WTF?

I assumed all of the money was because you needed to produce physical prototypes.

FF is electronic, and even running everything in house should cost a quarter that to get the ball rolling.....

Seriously, you seem to be trying to come out of the gate at the national scale...and it doesn't work like that.
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