I don't have friends and family who are suficently wealthy to turn towards. So I'm hoping I can get advice on here.
If I wanted to buy a comany at 200k with 40k profit (SaaS) currently running unattended. A 200k loan with repayment at 10% would be good, or as another option a cut of the profits(liek the merchant advances in the USA), sadly not available locally. What would you suggest?
Crypto at least means that multisigs allow for expenses to be agreed upon by all parties(albeit with volatilty issues) while Estonia allow sfor anyone anywhere to sign accoutns, and can let investors control accounts (with € in them).
If I could increase the growth rate (translation and localisation, would be a good start) then I could provide more of a cut to the othe rpartner. Since it is currnetly automatically ticking over, working on growth locally (full training provided) could allow an invesotr to make an easy return for very little effort.
I've tried locally, and grants etc. There simply isn't anything.
By running unattended, I mean the vast majority of it is automated, while your correct it can't run 100% on its own. Think 4 hours a week.or less. I wonder of anyone's here would want to buy the company for themselves (I could be a broker and take a.cut for arranging it) In this case the escrow would be the company itself, for instance one could establish a jv (llc like) which would then own the company.
quote author=Hamphser link=topic=4485209.msg40331130#msg40331130 date=1529264640]
$200k loans would be hard to find out unless if you do give out some reasonable collateral then it is possible.
[/quote]
Not a loan.
an investmentThe investor doesn't have to be on here, but this is the one place, where I expect people mst.be working with others that are not physically close or were not initially but were.willing to move when funded.
"Better off finding someone In your locality" That
assumes there are any investors
quote author=Hamphser link=topic=4485209.msg40331130#msg40331130 date=1529264640]
$200k loans would be hard to find out unless if you do give out some reasonable collateral then it is possible.
[/quote]
Not a loan.
an investment.
"Better off getting an investor in your locality"
This assumes there are investors
in every locality That's simply not true, don't take my world for it.
Take a look at maps of how capital is concentrated, there are localities where there simply is no local capital and foreign investors won't invest. Now if there is one investor on here you can reach form wherever you are and
zero investors in your locality. No matter how hard they at to convince, your still better off pitching to the one here
simply because they exisit now this might not be the right place.for this sort of thing, but this is where I except there to be people knowledgeable in the subject. It's not to different to doing an ICO at the earliest stages. In fact if it wasn't for securities laws you could do an ICO in which the purchasers take a percent of your future profits.
It looks like Zealand is the person I need to talk to for advice. Thanks!
https://bitcointalk.org/index.php?topic=2940338.0Having read Zealand's update it looks like he/she got a.forum member to fly some 1500 miles to meet him/her, they then provided a trusted point of contact for investors in their capital rich area (london)
I think there is a real chance here to build something amazing with this community and that shining example.
It could be expanded by using trusted members as escrow (one could potentially use multisig wallets as well to track expenses and allow them the investors to have some control although this has issues with the volatile cost of crypto.
