|
Title: Delete me Post by: evershawn on July 20, 2014, 07:03:57 AM Delete me please
Title: Re: [Crowd Fund] Looking for investors, Awesome Bitcoin game - Monthly Distributions Post by: Vod on July 20, 2014, 07:09:09 AM I am attempting to raise a total of 500 BTC for a 40% share in the company. That doesn't seem right. Who gets the other 60%? An idea alone is worth 10%-20% max. Title: Re: [Crowd Fund] Looking for investors, Awesome Bitcoin game - Monthly Distributions Post by: ruru on July 20, 2014, 09:09:29 AM You are asking for 700 BTC for 40% of the company which means you're valuing your company at BTC 1,750.00 or approximately $1,100,00.00 at today's prices. It's time to ask some preliminary questions.
What are your revenue and profit projections? How do you justify your valuation? How much money are you putting into venture yourself? How would you mitigate risk if bitcoin price appreciates significantly in value? ie, $2000.00/ BTC in the near future. Surely, this would negatively affect the wagered amount, yes? How would you deal with NYC's proposed regulatory framework and Canada's bitcoin law requiring foreign business to register with FINTRAC? Do you really need to hire so many people? By your list there's about 10 people you're planning to hire. You mentioned "executives" what does it mean? Just-Dice.com was exceedingly successful in it's lifetime and was run by 1 person. How would your game compare against Just-Dice's? Last hint is.. unless your site is so groundbreaking that people are gonna want to copy them, ie. Satoshi Dice and Just-Dice, you might as well tell us the plan right now. Ideas are dime a dozen; execution is what matters. Title: Re: [Crowd Fund] Looking for investors, Awesome Bitcoin game - Monthly Distributions Post by: 1Referee on July 20, 2014, 09:13:55 AM I am attempting to raise a total of 500 BTC for a 40% share in the company. That doesn't seem right. Who gets the other 60%? An idea alone is worth 10%-20% max. There it says you want to raise 500BTC for 40% I am attempting to raise a total of 700 BTC for a 40% share in the company. And now it's 700 BTC Title: Re: [Crowd Fund] Looking for investors, Awesome Bitcoin game - Monthly Distributions Post by: armin22 on July 20, 2014, 12:50:19 PM Ok, for agreeing with a fellow member and doing a +1, it gets deleted?
Where the fuck are the mods when a huge number of accounts get hacked and shit happens? Title: Re: [Crowd Fund] Looking for investors, Awesome Bitcoin game - Monthly Distributions Post by: evershawn on July 20, 2014, 01:19:46 PM Moving this to a self moderated topic, totally forgot how many trolls there are on this stupid forum that make troll posts and derail threads.
Will answer 'real' questions there, and delete trolls. Thanks. Title: Re: [Crowd Fund] Looking for investors, Awesome Bitcoin game - Monthly Distributions Post by: armin22 on July 20, 2014, 01:21:22 PM Moving this to a self moderated topic, totally forgot how many trolls there are on this stupid forum that make troll posts and derail threads. Will answer 'real' questions there, and delete trolls. Thanks. Yes pls. 700BTC IPO. |