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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed.

 
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Old 08-08-2015, 07:05 AM   #1
Phoenix
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How do you guys find investors/partners for mainstream projects?

I have a few projects that i started in.
First we went one way and got to the point where I could see it was just going to be so much money to compete in that space. So software that was developed was put to use for another project that i was interested in.

We built it, totally custom affiliate software that we built, ready to roll. When two partners in it just flaked. One guy had a baby, so just said he no longer had the time. The other went back to school to get his MBA. Without the first guy, the project was kinda dead as it required him to be our expert and to be on air daily.

So, again what to do. Not to be left to rot, I thought that our idea for the second project was good, but perhaps we could change the niche. So we built it, and it gets a bit of traffic daily, from our ground roots promotion. Few people join daily. Show interest etc. There is competition in this space that is doing very big numbers. However, they are spending very big money to be all over the Search Engine. All over some other sites similar to what ebay is. They are on bus stops, on posters in malls. I mean they are obviously making money, or burning a lot of it.

So, I would like to invite a person or a party to join us. Even if you just want to talk about it, maybe you have an insight you can share with me. IT is non adult 100% non adult. It is in a huge foreign market. IF it takes off it will be massive, I have only ever heard positive feedback from people in that market. However, we are still operating at a loss.

So, with all that being said. I just need some help, I have spent a lot of money. I do not want to walk away from it. Just I am at a critical point right now.

I would love to chat with someone who has been through this situation before.
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Old 08-08-2015, 09:42 AM   #2
jimmycooper
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good luck
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Old 08-08-2015, 09:45 AM   #3
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there are many investment companies who invest in IT. if you are offering something good and hire a sales guy to find the investors you can do well. Case study - Taboola.
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Old 08-08-2015, 09:55 AM   #4
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simple, you approach to wealthy people with your plan/case study and convince them , that its profitable,

or if you are at a point where u cant run it any longer , then just sell it.
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Old 08-08-2015, 09:57 AM   #5
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Quote:
Originally Posted by Phoenix View Post
There is competition in this space that is doing very big numbers. However, they are spending very big money to be all over the Search Engine. All over some other sites similar to what ebay is. They are on bus stops, on posters in malls. I mean they are obviously making money, or burning a lot of it.
I can think of half a dozen mainstream projects that are investing huge amounts of money in search and other advertising that have been doing so for 24 months or more and are still to break even.

One example is Brosa, here in Australia, who just got a $2 million funding injection and haven't yet been out of the red. They're re-investing in building the brand.

Online furniture marketplace Brosa secures $2 million investment from AirTree Ventures | SmartCompany
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Old 08-08-2015, 10:57 AM   #6
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i personally know few cant post their contact here but contact me i will help you.
thx
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Old 08-08-2015, 11:12 AM   #7
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Although I wish ya' all the luck - I'm one of those 'once burned...twice shy' types when it comes to business partnerships. Been there/done that (a few times, actually) - and each time it caused us grief...and money.
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Old 08-08-2015, 11:57 AM   #8
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It is in a huge foreign market.
What country or at least what region?

Based upon where I may be willing to talk turkey.
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Old 08-09-2015, 06:37 AM   #9
Phoenix
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Originally Posted by suesheboy View Post
What country or at least what region?

Based upon where I may be willing to talk turkey.
Currently setup for both China and Korea. However the focus is in China.
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