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Meaux Bettah  LSU Fan Tiger Nation Member since Nov 2011 1307 posts

| Investors (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.
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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 3:56 pm to Meaux Bettah)

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jamboybarry  LSU Fan Rill talk Member since Feb 2011 8309 posts

| re: Investors (Posted on 12/4/12 at 3:57 pm to Meaux Bettah)
someone already invented the flesh light
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barry  Cincinnati Fan Location, Location, Location Member since Aug 2006 34698 posts

| re: Investors (Posted on 12/4/12 at 3:57 pm to Meaux Bettah)
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 at 3:59 pm
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geauxtigers585  Navy Fan Baton Rouge Member since Aug 2006 3006 posts
Online

| re: Investors (Posted on 12/4/12 at 3:58 pm to Meaux Bettah)
Id really like to know what your idea is 
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Kafka  New Orleans Saints Fan too wrong; didn't lead Member since Jul 2007 58942 posts

| re: Investors (Posted on 12/4/12 at 3:59 pm to Meaux Bettah)
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?
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tigerbutt  LSU Fan Deep South Member since Jun 2006 5569 posts

| re: Investors (Posted on 12/4/12 at 4:00 pm to Meaux Bettah)
Banks tend to invest if they think your idea will fly. I guess it won't fly.
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Geauxld Finger  LSU Fan Baton Rouge Member since Jan 2005 17843 posts

| re: Investors (Posted on 12/4/12 at 4:01 pm to Meaux Bettah)
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 
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DNaquin  LSU Fan Right here Member since Nov 2011 3850 posts

| re: Investors (Posted on 12/4/12 at 4:02 pm to Meaux Bettah)
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.
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Siderophore  LSU Fan Member since Nov 2010 3334 posts

| re: Investors (Posted on 12/4/12 at 4:02 pm to Meaux Bettah)
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 at 4:03 pm
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Tmacelroy12  LSU Fan Houston Member since Aug 2012 5489 posts

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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 at 4:04 pm
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ATL TGR  LSU Fan Houston Member since Apr 2008 2624 posts

| re: Investors (Posted on 12/4/12 at 4:03 pm to Meaux Bettah)
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
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Alabama Slim  Alabama Fan 2009,2011 BCS National Champions Member since Jul 2007 8797 posts

| re: Investors (Posted on 12/4/12 at 4:03 pm to Meaux Bettah)
asking advice on the OT is a sure fire way. make sure to mention it when approaching investors.
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DWaginHTown Houston Fan Houston, TX Member since Jan 2006 4852 posts

| re: Investors (Posted on 12/4/12 at 4:03 pm to Meaux Bettah)
Louisiana Angel Network
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Meaux Bettah  LSU Fan Tiger Nation Member since Nov 2011 1307 posts

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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.
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DNaquin  LSU Fan Right here Member since Nov 2011 3850 posts

| re: Investors (Posted on 12/4/12 at 4:05 pm to Meaux Bettah)
quote:
next level of fantasy football
Now I'm fantasizing about what your next step is
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Notro  LSU Fan Alison Brie's Boobs Member since Sep 2011 3758 posts

| re: Investors (Posted on 12/4/12 at 4:06 pm to Meaux Bettah)
So your value on your company/idea is $45M?? What are your current sales?
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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 4:06 pm to Meaux Bettah)
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.
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barry  Cincinnati Fan Location, Location, Location Member since Aug 2006 34698 posts

| re: Investors (Posted on 12/4/12 at 4:09 pm to Meaux Bettah)
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 at 4:10 pm
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Siderophore  LSU Fan Member since Nov 2010 3334 posts

| re: Investors (Posted on 12/4/12 at 4:09 pm to Meaux Bettah)
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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