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re: Iverstine Farms Butcher Shop

Posted on 4/29/16 at 3:42 pm to
Posted by tigerman191
Baton Rouge
Member since Feb 2009
153 posts
Posted on 4/29/16 at 3:42 pm to
I don't like the Kickstarter. What happened to putting together and business plan and getting a loan? I don't think that it is fair way to raise capitol. Would love to have a quality place in Baton Rouge, but I won't put up money for a business for no return on investment.
This post was edited on 4/29/16 at 3:44 pm
Posted by Salmon
On the trails
Member since Feb 2008
83686 posts
Posted on 4/29/16 at 3:45 pm to
quote:

but I won't put up money for a business for no return on investment.


then don't
Posted by bosoxjo13
Baton Rouge
Member since Jun 2008
3251 posts
Posted on 4/29/16 at 3:48 pm to
quote:

I don't think that it is fair way to raise capitol


Fair? Exactly what is unfair about giving people a chance to contribute to your start up cost, and in return giving them back a little something. It creates a sense of community that can go a long way in a business like this. It's not like anyone is being unfairly forced to give money.
Posted by Martini
Near Athens
Member since Mar 2005
48886 posts
Posted on 4/29/16 at 7:42 pm to
quote:

Iverstine Farms Butcher Shop I don't like the Kickstarter. What happened to putting together and business plan and getting a loan? I don't think that it is fair way to raise capitol. Would love to have a quality place in Baton Rouge, but I won't put up money for a business for no return on investment.


I'm sure he did that and part of his business plan was to raise capital from the general public. If you read the page you receive items in return for your investment. Some to me are better than others but nevertheless you can pick what you want or opt to pass. This is 2016 and how finance is evolving.
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