Someone here RICH ENOUGH to THROW AWAY $20k ?

[Toma]

I'm just wondering do we have a registered user who is rich enough that he could easily throw away $20k and don't feel bad about it?

Now, the crazy data about throwing away money (in USA):

$6 billion in unused gift cards each year
$7 billion in ATM fees each year
$12 billion in traffic tickets each year
$29 billion on candy each year
$31 billion on lottery tickets each year
$44 billion on tobacco each year
$50 billion on alcohol each year
$49 billion on credit card interest each year
$69 billion at the casinos each year
$76 billion on soda each year
$146 billion in wasted energy each year
$165 billion in wasted food each year

(source: http://www.businessinsider.com/bigge...rs-2012-9?op=1)

Sum it up and you get $684 billion. Since we couldn't possibly count alcohol in wasted money, you threw away $634 billion!

Now, since $634 billion is a huge market (and that is only in US), I'm wondering do we have that hardcore crazy guy who could easily throw away $20k registered on this forum?

Dear businessmen of GFY,

I'm looking for someone who is willing to invest in my business. My idea is to develop a new type of social network for web and mobile environment. Thing is that I don't want to share my idea before it's developed and fully operational, you probably got the hint why. That's why I need $20k for first round of funding and I'm willing to give you 10% company share (company registered in Belgrade, Serbia). Also you'll get a banner (non-adult link) on all internal pages of website until I pay you back your invested money. When company earn enough, we'll return you 100% of your investment, put down your banner, and you'll have you're 10% share which you could sell us back or keep. I think this could be huge, not Facebook-huge of course, but Instagram-huge :P, and since I don't have any cards to throw on the table, I'm asking you guys to throw away your money on me, I certainly won't scam you

I'm willing to answer your questions, but I won't reveal too much. ;)



Every successful GFY thread about fucking around and business must deliver someTITS:



PS. Where do you waste most of your wasted money?

[TheSquealer]

You are willing to sell 10% of nothing for $20,000.00?

[wehateporn]

EdgePro

[ReggieDurango]

Ban thread

[dehash]

I will play Mega today and Power tomorrow.

[TheSquealer]

Originally Posted by dehash

I will play Mega today and Power tomorrow.

you're odds of winning, even at 1:500,000,000 are better ;)

[Toma]

Originally Posted by TheSquealer

You are willing to sell 10% of nothing for $20,000.00?

Exactly
And yes, that's throwing away money :D

Originally Posted by ReggieDurango

Ban thread

Why? Just cause you don't have enough money to throw away, doesn't mean others don't :P

[ReggieDurango]

Originally Posted by Toma

Exactly
And yes, that's throwing away money :D



Why? Just cause you don't have enough money to throw away, doesn't mean others don't :P

I clearly do not think that this thread should actually be banned. Pretty obviously a joke, bro.

[slapass]

I always feel like a total dope at the casino. Atm fees and interest are also a personal no no.

[AdultKing]

If I had a dollar for every time I saw someone fail at starting a new social network...

Every year a few people come to GFY begging for money for some worthless idea. If your idea is so good then why don't you borrow the money using legitimate means ? Surely that would be a wise course to follow ?

[Toma]

Originally Posted by dehash

I will play Mega today and Power tomorrow.

I wish you best luck winning your $13 and $290 million!

[edgeprod]

Originally Posted by wehateporn

EdgePro

That's the funny thing about money -- the rich don't get rich by throwing it away.

[arock10]

Ok so I am going to start a social network where people post what leftover food and unused giftcards they have to exchange

Please send me $20k for 10%

[Toma]

Originally Posted by ReggieDurango

I clearly do not think that this thread should actually be banned. Pretty obviously a joke, bro.

I think this thread can be considered walking on the edge of forum rules, but GFY put up with much bigger bullshit, so I think it's good for now.

Originally Posted by slapass

I always feel like a total dope at the casino. Atm fees and interest are also a personal no no.

Did you considered other ways to waste your money? :D

Originally Posted by AdultKing

If I had a dollar for every time I saw someone fail at starting a new social network...

Every year a few people come to GFY begging for money for some worthless idea. If your idea is so good then why don't you borrow the money using legitimate means ? Surely that would be a wise course to follow ?

First of all, I'm not begging, I'm looking for an investor
Second thing, I don't own any real estate, so I can't get a loan.
Third, yes, it could fail. I can't guarantee you a huge success (or any success), but I can guarantee you that I'll do my best to achieve my vision when such a good opportunity presented itself to me.

[Klen]

You asking on wrong adress,here is correct adress:
https://www.facebook.com/pages/Serbi...38816026188849

[Dankasaur]

First, nobody is gonna invest in this without knowing any details. Second. No.

[CaptainHowdy]

[Toma]

Originally Posted by arock10

Ok so I am going to start a social network where people post what leftover food and unused giftcards they have to exchange

Please send me $20k for 10%

I asked it first, so stand in queue. Plus, I think my idea is slightly better, but that's just my subjective opinion.

Originally Posted by KlenTelaris

You asking on wrong adress,here is correct adress:
https://www.facebook.com/pages/Serbi...38816026188849

It's hard to get any angel investment if you at least don't have a working prototype.
But, don't think that GFY will be the only door I'll knock on

[Barry-xlovecam]

Just for discussions sake: What would your new "social network" bring to the table that is a unique value proposition? Not be a reinterpretation of an existing social network is what I mean ...

[AdultKing]

How many people do you expect to use this social network in the first, second and third months it is running ?

[Struggle4Bucks]

$20.000 for the first round of investment...

So that's for buying the domain, getting the programmer out of bed and buying an ad in the local newspaper for a year...

I'll wait for the final round of investment....

[Pineapplez]

Originally Posted by Toma

I'm just wondering do we have a registered user who is rich enough that he could easily throw away $20k and don't feel bad about it?

I am a registred user, and i could sell my wife for $20k, throw the money away on beer, whiskey and east european hookers (18-24 yrs blondes thanks) and i would'nt feel bad at all.

[Toma]

Originally Posted by Dankasaur

First, nobody is gonna invest in this without knowing any details. Second. No.

1st. It's impossible to be hit by lightning on seven different occasions and survive all of them.
2nd. http://en.wikipedia.org/wiki/Roy_Sullivan

I'm looking for investments on few other sides, but since this is the craziest business place online, I wrote a crazy proposition. Why not?

Originally Posted by Barry-xlovecam

Just for discussions sake: What would your new "social network" bring to the table that is a unique value proposition? Not be a reinterpretation of an existing social network is what I mean ...

This is an unique concept, not competing with any of current social networks, it has some similarities with some which already exists, but with other options. I see it as upgrade for current web, since i plan to integrate it with fb, twitter, tumblr, instagram (maybe) and g+. Concept connects global and local content and everything uploaded will be 100% legal with rights.

Originally Posted by AdultKing

How many people do you expect to use this social network in the first, second and third months it is running ?

Good, business question. After time needed to develop (something around 2 months), 100-200-500. After 3 months paid online advertising campaigns would start. Numbers 100-200-500 are users who will be testers. If script and servers work good in this 3 months time, some forms of smaller advertising would be injected earlier. I think it's necessary to test the app and servers good, since script will be written from scratch and investing money in "Server not found" traffic would be absurd.

[AdultKing]

Looking at your posting history I would imagine that you need to find a fool to part with his money, because that's about the only chance you have.

[wehateporn]

Originally Posted by edgeprod

That's the funny thing about money -- the rich don't get rich by throwing it away.

So true, did you get paid what was owed? I remember you won an IPad which is useful

[Barry-xlovecam]

Originally Posted by Toma

This is an unique concept, not competing with any of current social networks, it has some similarities with some which already exists, but with other options. I see it as upgrade for current web, since i plan to integrate it with fb, twitter, tumblr, instagram (maybe) and g+. Concept connects global and local content and everything uploaded will be 100% legal with rights

Good luck

Suggested reading available on Kindle;

Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist
Feld, Brad, Mendelson, Jason October 23, 2011


Mastering the VC Game: A Venture Capital Insider Reveals How to Get from Start-up to IPO on Your Terms
Bussgang, Jeffrey October 23, 2011

[Wizzo]

Most people looking for investors start with a business plan...

[AdultKing]

Originally Posted by Wizzo

Most people looking for investors start with a business plan...

He's got one.

Step One: Get $20k
Step Two: ......
Step Three: Profit

[Toma]

Originally Posted by Struggle4Bucks

$20.000 for the first round of investment...

So that's for buying the domain, getting the programmer out of bed and buying an ad in the local newspaper for a year...

I'll wait for the final round of investment....

I think I can make first version of this operational with this money, plus something for ads.

Originally Posted by Pineapplez

I am a registred user, and i could sell my wife for $20k, throw the money away on beer, whiskey and east european hookers (18-24 yrs blondes thanks) and i would'nt feel bad at all.

Few months ago, I would do the same Now, I have different plans :D

Originally Posted by AdultKing

Looking at your posting history I would imagine that you need to find a fool to part with his money, because that's about the only chance you have.

I didn't say that I'm successful adult webmaster or anything, at that case I would probably have much more than 20k to invest in my shit. I'm 24 years old and I'm registered here since 2006 because this is a place "where industry meets" and you can learn a lot from these pages (if you dig deep). And I did, not only from here, but from tons of other online places.

I do not understand that negative tone you're sending to me, since I don't want to scam anyone. See the topic title. :*

[AdultKing]

Originally Posted by Toma

I do not understand that negative tone you're sending to me, since I don't want to scam anyone. See the topic title. :*

Show us something you have already built.

What experience do you have to manage this project ?

[JFK]

Originally Posted by AdultKing

He's got one.

Step One: Get $20k
Step Two: ......
Step Three: Profit

a rich idea

[Toma]

Originally Posted by Barry-xlovecam

Good luck

Suggested reading available on Kindle;

Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist
Feld, Brad, Mendelson, Jason October 23, 2011


Mastering the VC Game: A Venture Capital Insider Reveals How to Get from Start-up to IPO on Your Terms
Bussgang, Jeffrey October 23, 2011

Thank you for the intel. Will be glad to read these in near future.

Originally Posted by Wizzo

Most people looking for investors start with a business plan...

I absolutely agree with you. But how to make a business plan without describing the product itself. Describing the product would be throwing away the idea to the internet masses. And making a business plan with some data from web about growth of social networks is bullshit to you guys, since you already know much of it. Business plan will be made for second round of funding for witch I'll be glad to invite the GFY community.

Originally Posted by AdultKing

He's got one.

Step One: Get $20k
Step Two: ......
Step Three: Profit

Step two: building web interface and mobile apps, getting the new users, implementing 3 ways for earning.

Originally Posted by AdultKing

Show us something you have already built.

What experience do you have to manage this project ?

I have no experience in developing a big social media project like this.
Thats why I'm comparing chance for getting the money here with 7 thunderstruck, and looking for someone who is willing to throw away money :D

Originally Posted by JFK

a rich idea

step 1 = step 3

[fogfever]

I wouldn't consider buying alcohol to be 'throwing money away'

[seeandsee]

how can i get a hand on some of that money?

[Toma]

Originally Posted by fogfever

I wouldn't consider buying alcohol to be 'throwing money away'

Article said so, I've distanced myself already

Sum it up and you get $684 billion. Since we couldn't possibly count alcohol in wasted money, you threw away $634 billion!

Originally Posted by seeandsee

how can i get a hand on some of that money?

Do you have some knowledge and experience in php, rails, databases, some language to program Android and iOS apps, fb api, twitter api, google maps integration... ?

[edgeprod]

Originally Posted by wehateporn

So true, did you get paid what was owed? I remember you won an IPad which is useful

The $38,000 from GFY, the $60,000 from Playboy, or the $100k or so from the pirate? None of them were paid, and they're not worth pursuing .. too old at this point to do so anyway.

As far as the iPad, it's in the same place my GFY t-shirt probably is -- sitting in the closet at GFY headquarters, waiting to (never) be sent.

[L-Pink]

I don't consider ATM fees throwing away money. I consider it almost magic that no matter where I am, no matter what time of day or night, I can instantly get hundreds of dollars for just a few bucks.

[inabon]

Reminds me of JoesHo

[Toma]

Who is JoesHo?

[dancent]

better make a plan how to get 1$ from 20.000 people and you will have to start your biz

[dancent]

If someone wanna invest in me,im GREAT POKER PLAYER,we could share 50-50% :D

[tigermtb]

The tits content in this thread made me happy.

[Toma]

Originally Posted by dancent

If someone wanna invest in me,im GREAT POKER PLAYER,we could share 50-50% :D

Stop highjacking my thread! :P

[Toma]

Originally Posted by tigermtb

The tits content in this thread made me happy.

I'm glad that thread delivered :D

[96ukssob]

I'm guessing this is your first time at getting investors right?

Let me give you some tips, I've been around the block myself getting investors and VC funding, so hope this helps you out. Personally, I only like to invest into established companies and businesses that show growth, so once you get there, feel free to hit me up

First... if your looking for someone to invest into your idea, 10% is a joke. You need to be willing to give away 49% of your company for that initial investment... however, make sure to add in that when another round comes up for funding, they can either refund at current rate or their shares will be diluted.

Next, what makes you think your idea is worth $200,000? What valid evidence do you to support that and what is the $20k for? If this is truly unique, which I'm sure there is someone right now with the same idea as you, it will be difficult to anyone to prove it's worth - which is why they gamble on a $20k investment for 50% of your company

Lastly, the notion of "paying you back when we make enough" is pretty far fetched. You need to make one single offer, not four. Either offer someone XX% for $XXXX or don't, you look like you are really selling yourself short.

If you plan to "repay" then you are looking for a $20k loan with a 10% share of the company in return for the loan. If you are going that route, then it needs to be a plan and not "when I feel like it." For instance, show revenue forecasting and tell the investor(s) they will get X% off the top of revenue until the loan is repaid.

Just trying to give you some help, so don't take it as an insult. I have a number of friends, one I just spoke to today begging for "investment" money but have no valid reason around what they are going to do with it or what it will get.

[Toma]

This is an awesome post with useful information for me, so I certainly don't take it as an insult. Thank you bossku69

[$5 submissions]

Do you have a business plan, buddy? Can you list your direct and indirect competitors?

[TheSquealer]

Originally Posted by Toma

This is an awesome post with useful information for me, so I certainly don't take it as an insult. Thank you bossku69

The harsh reality is that you have nothing. You are trying put a value on nothing at $200,000.00 USD as two of us have now said. How do you justify that value? You can't. You are trying to sell 10% of a $200,000.00 property that doesn't exist.

People with money have much better financial sense than those that don't. Thats why they have money. Even your assumption that someone with money would just put it into a pile and set it on fire because you think its funny, is an example of how juvenile and naive you are about business ... and perfectly illustrates why you could not be entrusted with the hard earned money of other people, much less be trusted to build a business.

More important than what an investor is buying is that they aren't investing in an idea. Every asshole on the planet is full of ideas. Every asshole on the planet thinks his ideas are the best ever. Investors however, do not invest in ideas. They invest in people they believe in. Ideas mean nothing. If you want to be taken seriously, you have to be someone that can be taken seriously. Get rid of the retarded Bob Marley avatar. Think about your business, put together a business plan and demonstrate the maturity of someone that can actually put together a business and make it profitable.

[inabon]

Originally Posted by Toma

Who is JoesHo?

Exactly ;)

It is a pretty old story

[Arnox]

Facebook made a lot of money, that's a social network.

I'm in!