Looking for an Investment

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  • bikinihouse
    Confirmed User
    • Feb 2002
    • 843
    #1

    Looking for an Investment

    To cut to the chase, Jokaroo Entertainment, Inc. is seeking an investor. Before I get into elaborate details, I'll just run a quick summary of what we are looking for.

    Our sites:
    http://www.jokaroo.com [flagship site]
    http://www.jokedollars.com [Affiliate promotion for jokaroo.com]

    The investment would be directly used for promotion and upgrading our members section. Specifically, the promotion would be used for pushing subscribers to our subscription based model...

    Lastest Press Release on the model:
    http://www.prweb.com/releases/?57891

    You may already notice that we focus on adult humor and you maybe skeptical on the successful implementation of this model. But with recently introducing this program, I can conclusively say we have had success. Our community forum, which is extremely active, seems to have a very positive impact on retention. We require a full subscription in order to post on our forums (4,000+ members) and we allow all guests read access only. Our members section includes a database of hundreds of funny movies and commericals. There are also many other features and benefits to our subscription.

    In essence, the investment we need is for updating our members section to include the Flash Communication system. This would enable video and audio chat which will be integrated on our forum. In addition, we are looking for a cash injection to increase the base number of subscribers. This can be possibly achieved by purchasing private newsletter campaigns, or entering in with a network like Commission Junction (http://www.cj.com).

    If you have any interest, or in any way able to help please contact me immediately. We are open to all offers and all sums of investments. We won't get ourself into an investment where we can't buy back our complete share of our company, so in other words, we are not looking to sell a % of our company. We are looking for someone looking to invest and make their dollar back within the year. Ofcourse you'd own percentage of our company until the expected ROI is met.

    AIM: solidmak
    ICQ: 20762139
    Email: webmaster (at) jokaroo.com
    Tags: None
    • cheekycherry
      Confirmed User
      • Feb 2002
      • 1703
      #2
      We won't get ourself into an investment where we can't buy back our complete share of our company, so in other words, we are not looking to sell a % of our company. We are looking for someone looking to invest and make their dollar back within the year. Ofcourse you'd own percentage of our company until the expected ROI is met.
      You want a risk free loan in effect... Only risk free to you though. Good luck.

        Comment

        • detoxed
          vip member
          • Jan 2003
          • 17798
          #3
          I do have $100 available to invest.

            Comment

            • bikinihouse
              Confirmed User
              • Feb 2002
              • 843
              #4
              Originally posted by cheekycherry


              You want a risk free loan in effect... Only risk free to you though. Good luck.
              Any investment is a risk. Whether you invest in mutual funds or invest privately into internet sites like ours. You need to asess your risk tolerance, and evaluate how profitable and/or not profitable the venture in front of you is.

                Comment

                • cheekycherry
                  Confirmed User
                  • Feb 2002
                  • 1703
                  #5
                  My government says you are likely to die of SARS, do I get your whole biz if you do?

                    Comment

                    • stocktrader23
                      Let's do some business.
                      • Jan 2003
                      • 18781
                      #6
                      Originally posted by bikinihouse


                      Any investment is a risk. Whether you invest in mutual funds or invest privately into internet sites like ours. You need to asess your risk tolerance, and evaluate how profitable and/or not profitable the venture in front of you is.
                      Your proposal stinks and you know it. Blah.


                      Hands Free Adult - Join Once, Earn For Life

                      "I try to make a habit of bouncing my eyes up to the face of a beautiful woman, and often repeat “not mine” in my head or even verbally. She’s not mine. God has her set aside. She’s not mine. She’s His little girl, and she needs me to fight for her by keeping my eyes where they should be."

                        Comment

                        • bikinihouse
                          Confirmed User
                          • Feb 2002
                          • 843
                          #7
                          Originally posted by stocktrader23


                          Your proposal stinks and you know it. Blah.
                          lol. That's the typical GFY response I was looking to get...

                          Do you mind explaining what's wrong with the summarized business plan? Or do you just feel like directly bashing it for no specific reason?

                            Comment

                            • BigFrog
                              Confirmed User
                              • Sep 2002
                              • 2057
                              #8
                              so where does the investor make a profit off of his investment?

                                Comment

                                • stocktrader23
                                  Let's do some business.
                                  • Jan 2003
                                  • 18781
                                  #9
                                  Originally posted by bikinihouse


                                  lol. That's the typical GFY response I was looking to get...

                                  Do you mind explaining what's wrong with the summarized business plan? Or do you just feel like directly bashing it for no specific reason?
                                  You want someone to invest in YOUR business and only offer them a set amount on the return. What if you die? What if you go belly up? What if their advertising dollars make you a million?

                                  Where is your risk? You want someone to loan you money and pay it back not on a percentage where they might have a chance to make ok money in the future, but a set ROI. There are too many negatives for that kind of investment. Unless you are talking a few thousand dollars and someone is bored good luck.


                                  Hands Free Adult - Join Once, Earn For Life

                                  "I try to make a habit of bouncing my eyes up to the face of a beautiful woman, and often repeat “not mine” in my head or even verbally. She’s not mine. God has her set aside. She’s not mine. She’s His little girl, and she needs me to fight for her by keeping my eyes where they should be."

                                    Comment

                                    • bikinihouse
                                      Confirmed User
                                      • Feb 2002
                                      • 843
                                      #10
                                      Originally posted by BigFrog
                                      so where does the investor make a profit off of his investment?
                                      Let me start off saying you will own 50% of all revenues generated from subscriptions fees until your entire investment is paid back in full. Say we do a 25% ROI if full amount is paid back in 6 months, and if we can't pay in 6 months, we add an additional 10% every 6 month span there-after.

                                      For example, if you invest $10,000 and it takes us 6 months to get your $10,000 back via subscription revenues (from the 50% chunk you own), we continue paying you another $2,500 as your return on investment (which is the 25% ROI). If you're an investor, you'd know that 25% compounded semi-annually is considered a real good investment.

                                      Let's say the investment turns out to be shit. Remember, you still own 50% of all subscription revenues, so eventually you'll get your money back in full. Assuming it takes 5 years (worse case scenerio) to make your $10,000 back.... you'd still own 50% until you complete we can pay your ROI. So 5 years - 6 months is 4.5 years in additional ROI. (25% + (9periods*10%))= 115%

                                      This would mean, when all said is done, you'll pocket $21,500... a profit of $11,500 if the investment is paid in 5 years.

                                      Ofcourse these are random figures, and doesn't necessarily reflect the contract we'd agree upon.

                                        Comment

                                        • bikinihouse
                                          Confirmed User
                                          • Feb 2002
                                          • 843
                                          #11
                                          Originally posted by stocktrader23


                                          You want someone to invest in YOUR business and only offer them a set amount on the return. What if you die? What if you go belly up? What if their advertising dollars make you a million?

                                          Where is your risk? You want someone to loan you money and pay it back not on a percentage where they might have a chance to make ok money in the future, but a set ROI. There are too many negatives for that kind of investment. Unless you are talking a few thousand dollars and someone is bored good luck.
                                          Let me start off... what you read above is a quick sketch. Many of the things you are talking about is not something I would discuss unless someone shows interest.

                                          All investment is based on ROI. If your investment makes us millions, we'd obviously have further incentives. The things you are asking here, are just not anything I would beable to go into detail with. I'm sure you understand this.

                                            Comment

                                            • quiet
                                              we'll miss you our friend. RIP
                                              • Sep 2001
                                              • 25115
                                              #12
                                              and what if you never make the money back?
                                              we'll miss you our friend. RIP

                                                Comment

                                                • stocktrader23
                                                  Let's do some business.
                                                  • Jan 2003
                                                  • 18781
                                                  #13
                                                  Originally posted by bikinihouse


                                                  All investment is based on ROI.
                                                  See name.


                                                  Hands Free Adult - Join Once, Earn For Life

                                                  "I try to make a habit of bouncing my eyes up to the face of a beautiful woman, and often repeat “not mine” in my head or even verbally. She’s not mine. God has her set aside. She’s not mine. She’s His little girl, and she needs me to fight for her by keeping my eyes where they should be."

                                                    Comment

                                                    • cheekycherry
                                                      Confirmed User
                                                      • Feb 2002
                                                      • 1703
                                                      #14
                                                      It still sucks dude...

                                                      You invest in a startup/small business such as yours, you are taking a much higher than average risk with your cash.

                                                      Worst case scenario = you lose everything you invested.

                                                      Normally, best case scenario = the startup flies and you get rich.

                                                      With your proposal, the best case scenario (with a ridiculously high risk factor) is that you will get your money back and a tiny bit more. OR you may double it if it takes an eternity to get paid back...

                                                      Stocktraders right dude. Your proposal sucks. I don't mean to offend you, but that's the bottom line.

                                                      Give me $10K and 10 hours of your time per week for 6 months and I'll put you on 100K a year within 6 months.

                                                        Comment

                                                        • bikinihouse
                                                          Confirmed User
                                                          • Feb 2002
                                                          • 843
                                                          #15
                                                          Originally posted by quiet
                                                          and what if you never make the money back?
                                                          You own 50% of the subscription based model until you get back full payment. If all goes sour, you still own what you own. It's just like stocks, if the stock falls and goes belly up, you lose. The difference here is that you'll know exactly where your money is going, and how it's being used. Everything would require your approval first. With stocks, you toss the money in, and you have no clue what they are going to do.

                                                            Comment

                                                            • bikinihouse
                                                              Confirmed User
                                                              • Feb 2002
                                                              • 843
                                                              #16
                                                              Originally posted by cheekycherry
                                                              It still sucks dude...

                                                              You invest in a startup/small business such as yours, you are taking a much higher than average risk with your cash.

                                                              Worst case scenario = you lose everything you invested.

                                                              Normally, best case scenario = the startup flies and you get rich.

                                                              With your proposal, the best case scenario (with a ridiculously high risk factor) is that you will get your money back and a tiny bit more. OR you may double it if it takes an eternity to get paid back...

                                                              Stocktraders right dude. Your proposal sucks. I don't mean to offend you, but that's the bottom line.

                                                              Give me $10K and 10 hours of your time per week for 6 months and I'll put you on 100K a year within 6 months.
                                                              Where did I make a proposal? Any proposal would be negotiated between me and you, not on gfy. Those figure are an example, as I stated above.

                                                                Comment

                                                                • bhutocracy
                                                                  Not making A Comeback
                                                                  • Dec 2001
                                                                  • 10218
                                                                  #17
                                                                  A high risk investment (like to a stranger on a bbs running an internet joke company) usually entails potential high rewards.

                                                                  25% aint a high reward, it's a favour. Upping your credit limit would give the bank 15% on a credit card.

                                                                    Comment

                                                                    • quiet
                                                                      we'll miss you our friend. RIP
                                                                      • Sep 2001
                                                                      • 25115
                                                                      #18
                                                                      Originally posted by bikinihouse


                                                                      You own 50% of the subscription based model until you get back full payment. If all goes sour, you still own what you own. It's just like stocks, if the stock falls and goes belly up, you lose. The difference here is that you'll know exactly where your money is going, and how it's being used. Everything would require your approval first. With stocks, you toss the money in, and you have no clue what they are going to do.
                                                                      short answer: worst case senario is total loss. not make it back in 5 years.

                                                                      adult is ultra high risk. anyway
                                                                      we'll miss you our friend. RIP

                                                                        Comment

                                                                        • bikinihouse
                                                                          Confirmed User
                                                                          • Feb 2002
                                                                          • 843
                                                                          #19
                                                                          I understand what all you guys are saying, and I appreciate the advice. But you must understand, I have not offered any proposal, I've just thrown you my business plan (in short form).

                                                                          If you wanna triple your money in 6 months, I never said I wouldn't agree to something like that, nor did I say I will. If you have any sort of interest, please contact me so we can discuss this one on one. The investment is definitely high risk, and since that's the case, it would definitely be high return if all goes well.

                                                                          I'm open to any negotiation here.

                                                                            Comment

                                                                            • cheekycherry
                                                                              Confirmed User
                                                                              • Feb 2002
                                                                              • 1703
                                                                              #20
                                                                              I assure you bikini, only a fool or a friend is gonna go for that kind of proposal. Again I MUST STRESS I do not intend to offend you and I wish you luck. You just aren't gonna get someone to say yes to anything even remotely like that.

                                                                              This is how a seasoned high risk investor will see your proposal:

                                                                              COMPANY FUCKS UP = Investor loses their investment
                                                                              COMPANY FUCKS UP = Bikinihouse loses just his time

                                                                              COMPANY FLIES = Investor gets "maybe" double his money
                                                                              COMPANY FLIES = Bikinihouse gets rich

                                                                              It just doesn't work like that.

                                                                                Comment

                                                                                • bikinihouse
                                                                                  Confirmed User
                                                                                  • Feb 2002
                                                                                  • 843
                                                                                  #21
                                                                                  Originally posted by cheekycherry
                                                                                  I assure you bikini, only a fool or a friend is gonna go for that kind of proposal. Again I MUST STRESS I do not intend to offend you and I wish you luck. You just aren't gonna get someone to say yes to anything even remotely like that.

                                                                                  This is how a seasoned high risk investor will see your proposal:

                                                                                  COMPANY FUCKS UP = Investor loses their investment
                                                                                  COMPANY FUCKS UP = Bikinihouse loses just his time

                                                                                  COMPANY FLIES = Investor gets "maybe" double his money
                                                                                  COMPANY FLIES = Bikinihouse gets rich

                                                                                  It just doesn't work like that.
                                                                                  What proposal are you referring to????????

                                                                                    Comment

                                                                                    • cheekycherry
                                                                                      Confirmed User
                                                                                      • Feb 2002
                                                                                      • 1703
                                                                                      #22
                                                                                      I think you should offer something like 30% share in the company for 3 years with the option for you to buy back the shares at an previously agreed price at the end of 1 year.

                                                                                      I think some guys "might" go for something along them lines.

                                                                                        Comment

                                                                                        • bhutocracy
                                                                                          Not making A Comeback
                                                                                          • Dec 2001
                                                                                          • 10218
                                                                                          #23
                                                                                          Originally posted by bikinihouse


                                                                                          What proposal are you referring to????????
                                                                                          "Say we do a 25% ROI if full amount is paid back in 6 months, and if we can't pay in 6 months, we add an additional 10% every 6 month span there-after. "

                                                                                            Comment

                                                                                            • cheekycherry
                                                                                              Confirmed User
                                                                                              • Feb 2002
                                                                                              • 1703
                                                                                              #24
                                                                                              What proposal are you referring to????????
                                                                                              the one you've been using as your example for the last half hour or so.

                                                                                                Comment

                                                                                                • bikinihouse
                                                                                                  Confirmed User
                                                                                                  • Feb 2002
                                                                                                  • 843
                                                                                                  #25
                                                                                                  Originally posted by bhutocracy


                                                                                                  "Say we do a 25% ROI if full amount is paid back in 6 months, and if we can't pay in 6 months, we add an additional 10% every 6 month span there-after. "
                                                                                                  You missed the part at the bottom of the post where it said...

                                                                                                  "Ofcourse these are random figures, and doesn't necessarily reflect the contract we'd agree upon."

                                                                                                    Comment

                                                                                                    • bhutocracy
                                                                                                      Not making A Comeback
                                                                                                      • Dec 2001
                                                                                                      • 10218
                                                                                                      #26
                                                                                                      okok so you didn't use real figures. mate if you're fishing for investors frikkin start high with your figures, don't do sums based on unnattractive numbers

                                                                                                        Comment

                                                                                                        • bikinihouse
                                                                                                          Confirmed User
                                                                                                          • Feb 2002
                                                                                                          • 843
                                                                                                          #27
                                                                                                          Originally posted by cheekycherry
                                                                                                          I think you should offer something like 30% share in the company for 3 years with the option for you to buy back the shares at an previously agreed price at the end of 1 year.

                                                                                                          I think some guys "might" go for something along them lines.
                                                                                                          I'm definitely open to something like this. As long as we have an exit option.

                                                                                                            Comment

                                                                                                            • cheekycherry
                                                                                                              Confirmed User
                                                                                                              • Feb 2002
                                                                                                              • 1703
                                                                                                              #28
                                                                                                              I'm definitely open to something like this. As long as we have an exit option.
                                                                                                              And I believe you would probably get more interest like this.

                                                                                                              But the exit would have to be attractive to the investor.

                                                                                                              You couldn't say

                                                                                                              "invest 10K, at the end of year 1 we have the option to buy back for 15K"

                                                                                                              Say something like:

                                                                                                              "Invest 10K and at the end of year 1 if we so wish, we have the option to buy back your 10K share at 50K"

                                                                                                              That way, you limit your risk and the rewards for the investor are higher.

                                                                                                                Comment

                                                                                                                • bikinihouse
                                                                                                                  Confirmed User
                                                                                                                  • Feb 2002
                                                                                                                  • 843
                                                                                                                  #29
                                                                                                                  Originally posted by cheekycherry


                                                                                                                  And I believe you would probably get more interest like this.

                                                                                                                  But the exit would have to be attractive to the investor.

                                                                                                                  You couldn't say

                                                                                                                  "invest 10K, at the end of year 1 we have the option to buy back for 15K"

                                                                                                                  Say something like:

                                                                                                                  "Invest 10K and at the end of year 1 if we so wish, we have the option to buy back your 10K share at 50K"

                                                                                                                  That way, you limit your risk and the rewards for the investor are higher.
                                                                                                                  I really appreciate your input here. I have a meeting tomorrow with a cventure capitalist firm, more particularly an angel investor who has gone over our official business plan, financial projections, and current revenues, etc. I'll definitely make use of what you have gone over with me here. Thanks.

                                                                                                                    Comment

                                                                                                                    • cheekycherry
                                                                                                                      Confirmed User
                                                                                                                      • Feb 2002
                                                                                                                      • 1703
                                                                                                                      #30
                                                                                                                      Good luck dude!

                                                                                                                      Let us know if you get it

                                                                                                                        Comment

                                                                                                                        • goBigtime
                                                                                                                          Confirmed User
                                                                                                                          • Nov 2002
                                                                                                                          • 7761
                                                                                                                          #31
                                                                                                                          Could someone loan me a dollar.. I only need it for a minute...

                                                                                                                            Comment

                                                                                                                            • fengua
                                                                                                                              Confirmed User
                                                                                                                              • Mar 2003
                                                                                                                              • 170
                                                                                                                              #32
                                                                                                                              Originally posted by cheekycherry
                                                                                                                              My government says you are likely to die of SARS, do I get your whole biz if you do?
                                                                                                                              lol

                                                                                                                                Comment

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