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Author Topic: [bitfunder] SatoshiPoker - Searching pre-IPO investor for marketing budget  (Read 1773 times)
BitcoinFlush (OP)
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July 04, 2013, 11:20:54 AM
Last edit: July 05, 2013, 07:34:02 AM by BitcoinFlush
 #1

Hi!

Most of you probably already heard about SatoshiPoker, being a growing bitcoin based pokersite from Holland. From the start we have invested a lot of time and money into the site, starting with a daily loss of 5 bitcoins, because of our juicy freerolls and guaranteed tournaments. This was an expensive strategy, but it has given us a loyal players base on which we can grow further and at this point we have reached break even point. The way the site has been growing the past weeks makes us project that July will be our first profitable month since the start.

Instead of being just a pokersite for bitcoiners, we intend to become a mainstream poker site and compete with the more serious players in the industry. To achieve this goal, we had a marketing budget assigned to get us listed on the most important poker forums. With all company funds held in bitcoins but all marketing costs being charged in USD, we have taken a serious hit in our marketing budget, due to the fall of the bitcoin value. Our main interest is now getting our site listed in an official topic on twoplustwo forums, currently the biggest forum about online poker. Additionally we wish to get ourselves listed on pocketfives.com and have a pokerstrategy.com promotion.

The attention and traffic we will get from listing our site on these forums/sites will get us from break-even to highly profitable almost instantly and the income from the new players will allow us to grow at a way faster rate than we currently are.  Main issue at this point is that these various sites demand  multiple months of advertising payment up front for getting us listed and we don't have sufficient fundings to do so.

As this point SatoshiPoker is already listed on bitfunder.com, but has not yet performed an IPO on its shares, as we agreed with our current investors and founders to IPO once the site is making a steady profit and thus giving a good ROI on their initial investment. The current shares are visible in the Asset List.

We are looking to sell 5% of our company's shares, to get 400 BTC in fundings to get ourselves listed on the above sites. We would prefer to get one single investor on board as this will allow SatoshiPoker to IPO more smoothly than with multiple investors.

When interested in investing in a growing company, with a high earning potential, please send me a PM. To prevent our standard trolls (see our service topic in the gambling section) from messing up this thread, this topic will be posted locked and reopened when we announce IPO on bitfunder.com.




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BitcoinFlush (OP)
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July 05, 2013, 07:35:28 AM
 #2

Thanks for the interest from the community so far.

I forgot to add:
Please add email address and/or skype to your pm so I can actually contact you without having to send company information through PM's  Roll Eyes

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August 07, 2013, 11:59:03 AM
 #3

Hi all!
We are happy to see the investments raised from this thread resulted in getting ourselves listed on twoplustwo forums and pokeraffiliateliatings.com, which resulted in exponential growth of our company.

right now we are looking for finance to set up a deal with pokerstrategy.com, the biggest online poker school. This would make us the only site offering american players a special deal on their site and make us grow even quicker.

At this moment our company has turned from breakeven to profit already, and we believe with selling a final pre-ipo equity of 3-5% we can bring bitcoin poker to a mainstream level.

On the side we are happy to see that many poker news sites picked up on our progress, giving us a lot of free exposure in multiple languages.

If you would like more information about investing in our company, please send me a pm!

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August 07, 2013, 01:26:45 PM
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thanks for all the responses so far. looks like this one will be done soon.

Please don't forget to add your emailaddress or skype to the pm so i can send the information.

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August 08, 2013, 06:21:19 AM
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So far we had 2 investors comitting themselves to investing each 1% in our company, but under the condition that we fill the entire amount, as with 40% of the needed investment we can't execute our strategy making investing pointless so far. We are still looking for 2 max 3% sale of shares.

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August 24, 2013, 07:02:12 PM
 #6

We had everything wrapped up but one of the investors backed out at the last moment. We are still open to sell at most 1% of the company. If interested, please send a PM

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September 15, 2013, 01:41:51 AM
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Could you please explain a few things how many shares in total is there will be in SatoshiPoker is the numbers lavafish mentined in another post 100 000 000 that is on bitfunder the total number of shares in SP and the 5% he mentions whats going to be sold ?

Hi!

....
We are looking to sell 5% of our company's shares, to get 400 BTC in fundings to get ourselves listed on the above sites.
Does it really cost that much to get listed on Bitfunder, 400 BTC ?

So far we had 2 investors comitting themselves to investing each 1% in our company, but under the condition that we fill the entire amount, as with 40% of the needed investment we can't execute our strategy making investing pointless so far. We are still looking for 2 max 3% sale of shares.
So you want to sell 5% of the company pre IPO and what, 5% after IPO  to the public ?

We had everything wrapped up but one of the investors backed out at the last moment. We are still open to sell at most 1% of the company. If interested, please send a PM

I think you mentioned somewhere(on btcjam i believe it was) before that you were one of tree (original) owners in SP, but on bitfunder there seems to be 13 different people owning shares now, the 3 biggest owners only have 74 445 833 shares, around 74,4% if 100 million is the total, even if it was 4 owners and not 3 you said before, then the 4 biggest owners only have 85 800 000 shares or 85,8%. The numbers that is mention in this thread and others dosent seem to add up, has 25,6% or maby 14,2% of the shares been sold pre IPO.
So has more than the mentioned 5% been sold already ? Maby shares for 1136 btc or even 2044 btc then ?

"....Considering all above, I believe that 8000BTC is an absolute undervaluation of our company. Thats all. Gotta run, I have a mission to lead."

What is the valuation of that SatoshiPoker is worth way more 8000 btc based on ?
What is the price per share pre IPO that you sell it for ?
8000/100 000 000 = 0,00008000 btc or 8000 satouchi per share then ?

Where do you have any numbers avaliable for preIPO investors and potential investors after the stock IPO's at bitfunder. Pokerscout (that you mention when comparing to sealswithclubs) don't have any numbers for SatoshiPoker on players(Players Online, Cash Players, 24 Hr Peak, 7 Day Avg) and i havent seen anything metioned what the avg bet, rake or profit is for SatoshiPoker for any weeks in the past, only some mentioning that numbers have gone up ?

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