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Started By
Message
re: Investors
Posted on 12/4/12 at 4:20 pm to Meaux Bettah
Posted on 12/4/12 at 4:20 pm to Meaux Bettah
ETA:
This post was edited on 12/4/12 at 4:21 pm
0
Posted on 12/4/12 at 4:21 pm to Meaux Bettah
quote:
format of the contest
so its a contest?
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 12/4/12 at 4:22 pm
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.
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.
Posted on 12/4/12 at 4:21 pm to Geauxld Finger
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.
Posted on 12/4/12 at 4:21 pm to Meaux Bettah
Run from anyone who refers to themselves a venture capitalist.
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 12/4/12 at 4:28 pm
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.
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.
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.
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.
Your "idea" basically seems to be an expanded FF league with a money prize attached to it.
Posted on 12/4/12 at 4:24 pm to Breesus
Link?
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..
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.
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.
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?
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
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
Make sure you have a website and sales.
FF doesnt go over well with Investors. I have tried
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.
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.
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 12/4/12 at 4:30 pm
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