investors? - GoFuckYourself.com

Well Dunn · 06-02-2007, 10:56 PM

I am looking at prosper as a way to fund my business (which is internet related of course), and was wondering if any of you guys tryed this before? My fico score is 714 (considered good), I have 0 debt right now, and my only blackmark on my credit report is a hospital bill that isnt mine, im disputing it now and it will be dropped for sure. Anyway I was wondering if there are any other options or individuals you guys may have used? Prosper has a pretty steep fee (500 to borrow 25k) so I was checking out other options as well. Anyone here have any suggestions? I'm looking for 5k and up idealy, and can guarantee the loan in a number of ways. I wouldnt be opposed to bringing in a silent partner as well, but anyway just curious if you guys have any tips or suggestions.

TheJimmy · 06-02-2007, 10:59 PM

1) business plan
2) some track record of success
3) put in front of VC & angel investor groups
4) some luck & rolling of the dice

Well Dunn · 06-02-2007, 11:03 PM

Quote:

Originally Posted by TheJimmy

1) business plan
2) some track record of success
3) put in front of VC & angel investor groups
4) some luck & rolling of the dice

It's hard to obtain any kind of VC/Angel financing for anything under a half mill. I doubt I would leverage myself that high unless I had a solid Real Estate development in mind =P Thanks though.

Well Dunn · 06-03-2007, 02:55 AM

no love?

SleazyDream · 06-03-2007, 02:57 AM

sounds like you need this

http://www.kiva.org

LOL

Well Dunn · 06-03-2007, 03:49 AM

heh sleazy, thanks =P I have read about that before though, and they have a staggeringly high repayment rate considering the circumstances.

Well Dunn · 06-03-2007, 02:46 PM

bizump for the evening crowddddddddd

TheJimmy · 06-03-2007, 02:51 PM

Quote:

Originally Posted by SleazyDream

...

http://www.kiva.org

...

or

http://prosper.com/

another interesting model

Violetta · 06-03-2007, 03:02 PM

place it all on red

Michaelious · 06-03-2007, 04:13 PM

I've worked at a stockbrokers, not that difficult.

DOCTOR 30 · 06-03-2007, 05:22 PM

This is a timely thread. I get people asking to invest in things all the time. Just last night a pal asked me to set one up. I don't because I don't want the headache and because my overhead is so low. Heck, I could do with $25k what most guys would need $500k to do in my niche.

Example, if I were to publish a comic book. The staff would be:

publisher
editor
writer
primary illustrator penciller
secondary illustrator inker
colorist
letterer
designer
bookkeeping
miscellaneous staff.

That's easily $50k in salaries right there and I'm talking bare bones.

Since I do all that stuff already and have been doing so for 30 years my overhead drops to basic printing costs and advertising. I have tons of free advertising so that's no big thing. Other guys with one person per staff position are in the red from start to finish.

Each condition is different. Business plans, resume's etc.

I personally would go down fighting before getting investors but I understand them. I think if people on this board with the means and resources teamed up it would be a great resource.

Masterchief · 06-03-2007, 05:53 PM

just get a credit card

Well Dunn · 06-04-2007, 01:19 AM

Quote:

Originally Posted by Masterchief

just get a credit card

Sound business advice right there =P lol

g$$$ · 06-04-2007, 01:36 AM

bumping it for the morning crew

06-02-2007, 10:56 PM	#1
Well Dunn Confirmed User Join Date: Sep 2005 Posts: 1,026	investors? I am looking at prosper as a way to fund my business (which is internet related of course), and was wondering if any of you guys tryed this before? My fico score is 714 (considered good), I have 0 debt right now, and my only blackmark on my credit report is a hospital bill that isnt mine, im disputing it now and it will be dropped for sure. Anyway I was wondering if there are any other options or individuals you guys may have used? Prosper has a pretty steep fee (500 to borrow 25k) so I was checking out other options as well. Anyone here have any suggestions? I'm looking for 5k and up idealy, and can guarantee the loan in a number of ways. I wouldnt be opposed to bringing in a silent partner as well, but anyway just curious if you guys have any tips or suggestions. __________________ ICQ: 471859252 Mailers! ICQ me I want your traffic!!!! We will pay daily, weekly, monthly, WHATEVER! Just contact me and we will get you paid!

06-02-2007, 10:59 PM	#2
TheJimmy ICQ- five seven 0 2 5 5 0 Join Date: Jan 2001 Posts: 10,747	1) business plan 2) some track record of success 3) put in front of VC & angel investor groups 4) some luck & rolling of the dice __________________ Investor with 5m - 15m USD to invest. Do you have a site or network of sites earning 50k - 200k a month income? Email your contact and preliminary data to: domain.cashventures (at) gmail.com....Please...no tire kickers...serious offers and inquiries only.

06-03-2007, 02:55 AM	#4
Well Dunn Confirmed User Join Date: Sep 2005 Posts: 1,026	no love? __________________ ICQ: 471859252 Mailers! ICQ me I want your traffic!!!! We will pay daily, weekly, monthly, WHATEVER! Just contact me and we will get you paid!

06-03-2007, 02:57 AM	#5
SleazyDream I'm here for SPORT Industry Role: Join Date: Jul 2001 Location: Phone # (401) 285-0696 Posts: 41,470	sounds like you need this http://www.kiva.org LOL __________________ This dog, is dog, a dog, good dog, way dog, to dog, keep dog, an dog, idiot dog, busy dog, for dog, 20 dog, seconds dog! Now read without the word dog.

06-03-2007, 03:49 AM	#6
Well Dunn Confirmed User Join Date: Sep 2005 Posts: 1,026	heh sleazy, thanks =P I have read about that before though, and they have a staggeringly high repayment rate considering the circumstances. __________________ ICQ: 471859252 Mailers! ICQ me I want your traffic!!!! We will pay daily, weekly, monthly, WHATEVER! Just contact me and we will get you paid!

06-03-2007, 02:46 PM	#7
Well Dunn Confirmed User Join Date: Sep 2005 Posts: 1,026	bizump for the evening crowddddddddd __________________ ICQ: 471859252 Mailers! ICQ me I want your traffic!!!! We will pay daily, weekly, monthly, WHATEVER! Just contact me and we will get you paid!

06-03-2007, 03:02 PM	#9
Violetta Affiliate Join Date: Jul 2004 Posts: 28,735	place it all on red __________________ M&A Queen

06-03-2007, 04:13 PM	#10
Michaelious Confirmed User Join Date: Jan 2004 Location: Scotland Posts: 6,720	I've worked at a stockbrokers, not that difficult. __________________

06-03-2007, 05:22 PM	#11
DOCTOR 30 So Fucking Banned Join Date: Aug 2006 Posts: 846	This is a timely thread. I get people asking to invest in things all the time. Just last night a pal asked me to set one up. I don't because I don't want the headache and because my overhead is so low. Heck, I could do with $25k what most guys would need $500k to do in my niche. Example, if I were to publish a comic book. The staff would be: publisher editor writer primary illustrator penciller secondary illustrator inker colorist letterer designer bookkeeping miscellaneous staff. That's easily $50k in salaries right there and I'm talking bare bones. Since I do all that stuff already and have been doing so for 30 years my overhead drops to basic printing costs and advertising. I have tons of free advertising so that's no big thing. Other guys with one person per staff position are in the red from start to finish. Each condition is different. Business plans, resume's etc. I personally would go down fighting before getting investors but I understand them. I think if people on this board with the means and resources teamed up it would be a great resource.

06-03-2007, 05:53 PM	#12
Masterchief Confirmed User Join Date: Jun 2006 Posts: 530	just get a credit card

06-04-2007, 01:36 AM	#14
g$$$ Confirmed User Join Date: Mar 2007 Posts: 2,807	bumping it for the morning crew