Has anyone here acquired venture capital/working capital? - GoFuckYourself.com

Steen2 · 05-08-2005, 10:13 PM

Aside from partnerships and family investments.

I'm curious on the methods people in ebusiness are using to raise funds. Doesn't need to be adult, just online ventures.

Regards,
-Steen2.

Net41 · 05-08-2005, 10:15 PM

pimpin and killin nigz.

WiredGuy · 05-08-2005, 10:16 PM

Angel investments.
WG

Steen2 · 05-09-2005, 11:03 PM

....

wanring: business thread

BlueWire · 05-09-2005, 11:06 PM

Well, if you have successful businesses in the past or business relationships with many people who have been impressed by you in the past...shouldnt be too hard if you have a good idea

You just need a very well thought out biz plan that will impress the crap out of people. Remember, you trying to sell them on the idea..not bore them. Think of it like a really technical commercial for your idea.

datatank · 05-09-2005, 11:29 PM

Quote:

Originally Posted by Steen2

Aside from partnerships and family investments.

I'm curious on the methods people in ebusiness are using to raise funds. Doesn't need to be adult, just online ventures.

Regards,
-Steen2.

How much are you looking for?

KRL · 05-09-2005, 11:49 PM

Here is the million dollar recipe for "Angel Money".

1. Innovative, risky, high profit potential idea.

2. Simple easy to understand biz plan.

3. Qualified prospect list of about 10 to 20 angel type investors.

4. Experience and knowledge in the industry you're doing.

5. Boundless enthusiasm and passion for your startup.

6. Sell the excitement and thrill of the big win, not the deal itself.

Most entrepreneurs looking for money fuckup #6. Millionaires don't need more money, but they crave excitement and the thrill of a big hit. That's the key magical secret.

BlueWire · 05-09-2005, 11:53 PM

...And if all else fails...hit up this guy..

http://www.gfy.com/fucking-around-and-business-discussion/465254-5-000-investment.html

AdPatron · 05-10-2005, 12:10 AM

If you have a good idea, you don't need investors.

KRL · 05-10-2005, 12:35 AM

Quote:

Originally Posted by CollegeSucks

If you have a good idea, you don't need investors.

LOL, BULLSHIT!! 9 out of 10 so called good ideas bomb. OPM is the only way to go if you want to preserve your wealth.

Your wealth will stay intact a lot longer owning 20%, 30%, 40%, 50% of lots of deals, with minimal outlay of your own money, vs. owning 100% of each deal you do completely self financed.

I've seen more guys blow their entire load because of "GoldenTouchitis". Guys start making big dollars and all of a sudden, think damn I'm a smart mother fucker, I'm a lucky motherfucker, everything I touch now will always turn to gold. Yeh right. Quickest way south is when you catch this syndrome and your ego grows to the size of a watermelon.

l

elric · 05-10-2005, 02:14 AM

Quote:

Originally Posted by Steen2

Aside from partnerships and family investments.

I'm curious on the methods people in ebusiness are using to raise funds. Doesn't need to be adult, just online ventures.

Regards,
-Steen2.

"High-Tech Startup" by Nesheim is a good book to read if you are serious. Nesheim is an ex-VC and he goes into the details of getting funded including the splits of some major deals like Netscape to show how the ownership was cut up initially and by the time they got to IPO. He also explains what a typical VC is looking for in a potential investment.

But getting VC funding can be a two-edged sword. The CEO at one startup I know of said taking money from VC was like making a deal with the devil

LasseKongos · 05-10-2005, 02:17 AM

Steen2:

Hit me up at ICQ ASAP

Thanks

AdPatron · 05-10-2005, 02:59 AM

Quote:

Originally Posted by KRL

LOL, BULLSHIT!! 9 out of 10 so called good ideas bomb. OPM is the only way to go if you want to preserve your wealth. Your wealth will stay intact a lot longer owning 20%, 30%, 40%, 50% of lots of deals, with minimal outlay of your own money, vs. owning 100% of each deal you do completely self financed. I've seen more guys blow their entire load because of "GoldenTouchitis". Guys start making big dollars and all of a sudden, think damn I'm a smart mother fucker, I'm a lucky motherfucker, everything I touch now will always turn to gold. Yeh right. Quickest way south is when you catch this syndrome and your ego grows to the size of a watermelon.

l

It's not bullshit. Everything fails because of poor management and leadership. If you have a good idea and smart enough to use that idea, you don't need $$$ from others. You don't even have to use your own money.

AdPatron · 05-10-2005, 03:01 AM

Quote:

Originally Posted by Steen2

Aside from partnerships and family investments. I'm curious on the methods people in ebusiness are using to raise funds. Doesn't need to be adult, just online ventures.

The best way is to start generating revenue from the get go. You then use that money to expand and grow.

KRL · 05-10-2005, 03:05 AM

Quote:

Originally Posted by CollegeSucks

The best way is to start generating revenue from the get go. You then use that money to expand and grow.

The biggest companies in the world use outside capital and financing all the time to expand and grow.

Shoehorn! · 05-10-2005, 03:17 AM

Great posts KRL.

KRL · 05-10-2005, 03:20 AM

Quote:

Originally Posted by CollegeSucks

It's not bullshit. Everything fails because of poor management and leadership. If you have a good idea and smart enough to use that idea, you don't need $$$ from others. You don't even have to use your own money.

Most businesses fail because of lack of capital.

blazin · 05-10-2005, 04:06 AM

Quote:

Originally Posted by CollegeSucks

The best way is to start generating revenue from the get go. You then use that money to expand and grow.

Thats called organic growth. And its not always the best way, it can limit your growth potential unless you have a really good cash flow.

DomBuyer · 05-10-2005, 04:08 AM

Venture Capital is for the unconnected. Don't waste your time.

KRL is right: OPM

Shoehorn! · 05-10-2005, 04:19 AM

Quote:

Originally Posted by DomBuyer

KRL is right: OPM

That was a great movie.

Bama · 05-10-2005, 07:23 AM

I have in the past yes, but it was only for $200,000.00

For that particular venture, there was no executive summary or biz plan. I showed my software product to some people on a conference call and 15 minutes into the call they were sold on the idea - they not only knew what they were looking at - but they also knew the value of what they were looking at.

I don't build or develop for anyone in adult anymore.

I've built a new program for the mainstream channel and am currently going through the provisional patent application and putting the finishing touches on the business plan along with 10 pages of spreadsheets of supporting data and though I HATE having to write it, at the level I'm entering in - it's a necessary requirement.

Though the number of eyeballs I've shown this too is limited - without exception - every single person who's viewed what I've put together has gotten the buzz and has helped in one way or another to get me in front of the right eyeballs for the equity commitment of $5 million I am seeking for the company.

AdPatron · 05-10-2005, 10:12 AM

Quote:

Originally Posted by KRL

The biggest companies in the world use outside capital and financing all the time to expand and grow.

Yeah, and look and Ford and GM. They were just given "junk" status.

I never invest in companies that borrow.

MGPspots · 05-10-2005, 10:23 AM

Quote:

Originally Posted by KRL

Most businesses fail because of lack of capital.

IMHO it tends to be cash-flow mismatches that kills a lot of small biz's and start-ups

AVM · 05-10-2005, 10:32 AM

Steen - you've many friends that do well, why not email one of them a proposal.

Head · 05-10-2005, 10:34 AM

I've tried but they want too much intrest: 16%. They can take a long hard suck on my Ars!!

AdPatron · 05-10-2005, 12:01 PM

It's poor management and leadership that kills startups, nothing else.

azguy · 05-10-2005, 12:23 PM

Quote:

Originally Posted by CollegeSucks

If you have a good idea, you don't need investors.

Now that's a funny one

azguy · 05-10-2005, 12:25 PM

Quote:

Originally Posted by CollegeSucks

The best way is to start generating revenue from the get go. You then use that money to expand and grow.

You're thinking way too small to fully understand what it means to be successful in the real world. It may work for a lousy TGP owner or a local pizza joint owner, but not for real business men. It's a way, but certainly not the best way.

Odie · 05-10-2005, 12:32 PM

Quote:

Originally Posted by KRL

The biggest companies in the world use outside capital and financing all the time to expand and grow.

what he said^^

*I work for 20 VC's who have their hands in all kinds of ventures and it's all about OPM and moving the capital around from company to company which is why they all do business together.

azguy · 05-10-2005, 12:52 PM

Quote:

Originally Posted by CollegeSucks

It's not bullshit. Everything fails because of poor management and leadership. If you have a good idea and smart enough to use that idea, you don't need $$$ from others. You don't even have to use your own money.

Was this a joke? Did you actually just say that entrepreneurs need no $$ to launch a successful venture? Some entrepreneurs think beyond a small project they plan to run from their guest bedroom. Seed money gives you much flexibility in terms of hiring staff, marketing, and hitting the market sooner than (much) later. Smart entrepreneurs know when capital is needed, and lazy ones stay behind. Smart ones get the OPM over one lunch meeting (Ok, maybe two

), lazy (or simply clueless) ones end up programming it all by themselves for a year.

AdPatron · 05-10-2005, 01:01 PM

No, it's not a joke.

azguy · 05-10-2005, 01:02 PM

Quote:

Originally Posted by CollegeSucks

No, it's not a joke.

Then you need to be exposed to the business world more often

AdPatron · 05-10-2005, 01:05 PM

Quote:

Originally Posted by azguy

Then you need to be exposed to the business world more often

No I don't. I run my own independent record label here in dallas and it's very successful.

azguy · 05-10-2005, 01:16 PM

Quote:

Originally Posted by Steen2

Aside from partnerships and family investments.

I'm curious on the methods people in ebusiness are using to raise funds. Doesn't need to be adult, just online ventures.

Regards,
-Steen2.

Angel investors are the easiest to approach and close a deal with (sometimes even more than with family members

). Have a good Executive Summary on hand (and try to carry it with you wherever you go, you just never know). Whatever you do, don't try to impress the investor with false information. If you don't have a working prototype, don't say that you do. If you're the only person doing the programming, don't say that you have 5 geniuses coding for you around the clock. Be honest, be enthusiastic (for real!) about your idea/deal/venture/project, and the right investor will come along.

Also be sure to get familiar with the various business/financial aspects of the deal (exit strategy for your investor, etc.). Good luck

azguy · 05-10-2005, 01:19 PM

Quote:

Originally Posted by CollegeSucks

No I don't. I run my own independent record label here in dallas and it's very successful.

And you think every entrepreneur should follow your same exact steps? There are many ways to do business, but immediately ruling out outside financing options regardless of the type of venture is just a horrible business mentality IMHO.

TheJimmy · 05-10-2005, 01:26 PM

Quote:

Originally Posted by KRL

Most businesses fail because of lack of capital.

I lost a mainstream offline biz last year as a result of that :/

I really need to bone up on getting investor cash...

and learn how to draft up a more effective business plan...

oi

Odie · 05-10-2005, 01:35 PM

Quote:

Originally Posted by CollegeSucks

No I don't. I run my own independent record label here in dallas and it's very successful.

so you're telling us that you started a record label w/o ANY capital???

I'm interested in how u went about this....

Phoenix · 05-10-2005, 01:36 PM

id like to get a few books on the subject...there are plenty of good ideas left out there

AdPatron · 05-10-2005, 01:39 PM

Quote:

Originally Posted by azguy

And you think every entrepreneur should follow your same exact steps? There are many ways to do business, but immediately ruling out outside financing options regardless of the type of venture is just a horrible business mentality IMHO.

I don't care what they do.

azguy · 05-10-2005, 01:39 PM

Quote:

Originally Posted by Odie

so you're telling us that you started a record label w/o ANY capital???

I'm interested in how u went about this....

He even cut the trees himself and later made the paper he used to create the office stationary

azguy · 05-10-2005, 01:39 PM

Quote:

Originally Posted by CollegeSucks

I don't care what they do.

You sure College Sucks?

AdPatron · 05-10-2005, 01:42 PM

Quote:

Originally Posted by Odie

so you're telling us that you started a record label w/o ANY capital???

I'm interested in how u went about this....

I used money from performances and as a booking agent, which all you need is a phone. From the revenue I got, I signed up bands that were doing the best. As a booking agent, it's easy to do your home work on local bands.

AdPatron · 05-10-2005, 01:45 PM

Quote:

Originally Posted by azguy

You sure College Sucks?

Sure about what?

azguy · 05-10-2005, 01:48 PM

Quote:

Originally Posted by CollegeSucks

Sure about what?

Are you sure that college does suck? It was a sarcastic comment.

Anyway, you're very closed minded, which is VERY BAD quality for entrepreneurs. Your luck will run out one day.

AdPatron · 05-10-2005, 01:52 PM

Quote:

Originally Posted by azguy

Are you sure that college does suck? It was a sarcastic comment.

Depends on which one you go to.

Quote:

Originally Posted by azguy

Anyway, you're very closed minded, which is VERY BAD quality for entrepreneurs. Your luck will run out one day.

So are you. As for luck, there is no such thing in business.

AdPatron · 05-10-2005, 01:57 PM

Atleast I've never needed it or seen it.

BRISK · 05-10-2005, 01:57 PM

Quote:

Originally Posted by CollegeSucks

If you have a good idea, you don't need investors.

I guess Google was a shitty idea then?

azguy · 05-10-2005, 02:02 PM

Quote:

Originally Posted by CollegeSucks

So are you. As for luck, there is no such thing in business.

Whatever man, there's no point in wasting any more time going back and forth with you. One day you'll get it. You just keep on making ignorant statements. "no such thing", "Everything fails because", "I never invest in companies that borrow.", "...that kills startups, nothing else."

Loosen up, there's more to business than a neighbourhood record label.

AdPatron · 05-10-2005, 02:03 PM

Quote:

Originally Posted by azguy

Whatever man, there's no point in wasting any more time going back and forth with you. One day you'll get it. You just keep on making ignorant statements. "no such thing", "Everything fails because", "I never invest in companies that borrow.", "...that kills startups, nothing else."

Loosen up, there's more to business than a neighbourhood record label.

One day you will too.

Alexey Oblomov · 05-10-2005, 02:04 PM

___________________
http://www.xxxprivateworld.com - make a big money! Very good converting!!
Here's the link for the registration: https://www.psbill.biz/partner/signup.php4?cmd=a&s=1327

05-08-2005, 10:13 PM	#1
Steen2 Confirmed User Join Date: Feb 2004 Location: Vancouver, Canada Posts: 7,662	Has anyone here acquired venture capital/working capital? Aside from partnerships and family investments. I'm curious on the methods people in ebusiness are using to raise funds. Doesn't need to be adult, just online ventures. Regards, -Steen2. __________________ ICQ: 2262.73945

05-08-2005, 10:15 PM	#2
Net41 Confirmed User Join Date: Feb 2005 Location: South FL Posts: 233	pimpin and killin nigz. __________________ ICQ: 254376992

05-08-2005, 10:16 PM	#3
WiredGuy Pounding Googlebot Industry Role: Join Date: Aug 2002 Location: Canada Posts: 34,482	Angel investments. WG __________________ I play with Google.

05-09-2005, 11:03 PM	#4
Steen2 Confirmed User Join Date: Feb 2004 Location: Vancouver, Canada Posts: 7,662	.... wanring: business thread __________________ ICQ: 2262.73945

05-09-2005, 11:49 PM	#7
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	Here is the million dollar recipe for "Angel Money". 1. Innovative, risky, high profit potential idea. 2. Simple easy to understand biz plan. 3. Qualified prospect list of about 10 to 20 angel type investors. 4. Experience and knowledge in the industry you're doing. 5. Boundless enthusiasm and passion for your startup. 6. Sell the excitement and thrill of the big win, not the deal itself. Most entrepreneurs looking for money fuckup #6. Millionaires don't need more money, but they crave excitement and the thrill of a big hit. That's the key magical secret. __________________ If you would like to develop your domains, you can lease inexpensive foreign labor from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION! * * * * * * * * * * * * Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains Last edited by KRL; 05-09-2005 at 11:50 PM..

05-09-2005, 11:06 PM	#5
BlueWire Confirmed User Join Date: Nov 2004 Posts: 4,628	Well, if you have successful businesses in the past or business relationships with many people who have been impressed by you in the past...shouldnt be too hard if you have a good idea You just need a very well thought out biz plan that will impress the crap out of people. Remember, you trying to sell them on the idea..not bore them. Think of it like a really technical commercial for your idea.

05-09-2005, 11:53 PM	#8
BlueWire Confirmed User Join Date: Nov 2004 Posts: 4,628	...And if all else fails...hit up this guy.. http://www.gfy.com/fucking-around-and-business-discussion/465254-5-000-investment.html

05-10-2005, 12:10 AM	#9
AdPatron No commissions, no fees. Industry Role: Join Date: Apr 2003 Location: USA Posts: 17,706	If you have a good idea, you don't need investors.

05-10-2005, 02:17 AM	#12
LasseKongos Confirmed User Join Date: Aug 2003 Posts: 4,668	Steen2: Hit me up at ICQ ASAP Thanks

05-10-2005, 03:17 AM	#16
Shoehorn! Die With Your Boots On Join Date: Oct 2003 Location: Hawaii Posts: 22,872	Great posts KRL. __________________

05-10-2005, 04:08 AM	#19
DomBuyer Confirmed User Join Date: Sep 2002 Location: Amalfi Coast Posts: 2,595	Venture Capital is for the unconnected. Don't waste your time. KRL is right: OPM

05-10-2005, 07:23 AM	#21
Bama Confirmed User Join Date: Nov 2001 Location: Redmond, WA Posts: 2,727	I have in the past yes, but it was only for $200,000.00 For that particular venture, there was no executive summary or biz plan. I showed my software product to some people on a conference call and 15 minutes into the call they were sold on the idea - they not only knew what they were looking at - but they also knew the value of what they were looking at. I don't build or develop for anyone in adult anymore. I've built a new program for the mainstream channel and am currently going through the provisional patent application and putting the finishing touches on the business plan along with 10 pages of spreadsheets of supporting data and though I HATE having to write it, at the level I'm entering in - it's a necessary requirement. Though the number of eyeballs I've shown this too is limited - without exception - every single person who's viewed what I've put together has gotten the buzz and has helped in one way or another to get me in front of the right eyeballs for the equity commitment of $5 million I am seeking for the company.

05-10-2005, 10:32 AM	#24
AVM Confirmed User Join Date: Feb 2004 Location: South Florida. Posts: 1,890	Steen - you've many friends that do well, why not email one of them a proposal.

05-10-2005, 10:34 AM	#25
Head Confirmed User Join Date: Nov 2003 Location: Starship Enterprise Posts: 8,278	I've tried but they want too much intrest: 16%. They can take a long hard suck on my Ars!! __________________

05-10-2005, 12:01 PM	#26
AdPatron No commissions, no fees. Industry Role: Join Date: Apr 2003 Location: USA Posts: 17,706	It's poor management and leadership that kills startups, nothing else.

05-10-2005, 01:01 PM	#31
AdPatron No commissions, no fees. Industry Role: Join Date: Apr 2003 Location: USA Posts: 17,706	No, it's not a joke.

05-10-2005, 01:36 PM	#38
Phoenix BACON BACON BACON Industry Role: Join Date: Nov 2002 Location: Poems everybody, the laddie fancies himself a poet Posts: 35,462	id like to get a few books on the subject...there are plenty of good ideas left out there __________________ Skype Phoenixskype1 Telegram PhoenixBrad https://quantads.io

05-10-2005, 01:57 PM	#46
AdPatron No commissions, no fees. Industry Role: Join Date: Apr 2003 Location: USA Posts: 17,706	Atleast I've never needed it or seen it.

05-10-2005, 02:04 PM	#50
Alexey Oblomov Registered User Join Date: Jul 2003 Location: ns Posts: 57	___________________ http://www.xxxprivateworld.com - make a big money! Very good converting!! Here's the link for the registration: https://www.psbill.biz/partner/signup.php4?cmd=a&s=1327 __________________ Ns Money - Shocking converting 1:100.. 11 pay sites Reg Cash - Make a Big Money!!