[Vittoria Marketing]

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Good Morning,

I am a 22 year old Entrepreneur from a small town in West Texas. I recently had the misfortune of being involved in an accident that required me to have back surgery. I've been hunting for a good investment for about 5 years now and would like to work with someone to make something happen. I am looking to put somewhere around $150k in to start and would expect about the same from a partner. If you are interested, feel free to contact me so that we can toss around some ideas.

Note: I am currently on bed rest 85% of the time, so don't fret if it takes me some time to respond

I look forward to speaking with you in the future. God Bless, and have a WONDERFUL Day!

Nick Holbrook

[KenyanEntrepreneur]

Whats the business you want to start?Any ideas or what the partner suggests youll go with it?
Sorry about the surgery.Disability is not inability.

[CP Mr Ofevaw]

I'm the founder of a startup; we're working around a core concept, have a small team setup, and I have a pretty good network of people (http://www.linkedin.com/in/rdewey). Please tell me why we should match your investment if we've done everything ourselves thus far?

What percentage of the company are you looking to take over? Are you an accredited investor (net worth $1M and an income of +$200K for the past two years; or $5M net worth)? Why should our team match your investment?

There's quite a bit of legal stuff involved with investing. You can't just throw money at someone.

[Vittoria Marketing]

Kenyan,

Thanks for the interest! I am looking for a mutual collaboration with a like minded individual. Something that has medium risk with higher capability of reward. Preferably in a non-saturated market here in the states. Let me know of some of your ideas.


CP,

I have been a small business consultant for 6 years, dealt with companies that required in excess of $45 Million in Seed capital alone. I'm not exactly interested in existing businesses because it would be hard for me to find the faults prior to taking the risk. As far as the investment matching that I request, that would be for a new start-up that I put work into. Also, I don't reciprocate your sentiment on 'why should I match your investment when I've done all the work?' ... I'll tell you why that is the case. If you are coming to me looking for money, then it becomes a supply and demand kind of thing (e.g. I supply the capital, I demand both ownership and repayment as well as a return on investment of around 3-5x in 5 years.) As far as my being an "accredited investor," last I checked there wasn't an accredidation board for investors, only people that have great ideas and can contribute something to the world but need help getting there. So, the answer to that question is it is irrelevant. And just FYI, with your attitude, if I didn't misinterpret it, I wouldn't touch your venture with a ten foot pole for fear that you will fall flat on your face because you wouldn't see the forest for the trees... Just my opinion. Thanks.

[CP Mr Ofevaw]

Originally Posted by Vittoria Marketing

I have been a small business consultant for 6 years, dealt with companies that required in excess of $45 Million in Seed capital alone. I'm not exactly interested in existing businesses because it would be hard for me to find the faults prior to taking the risk. As far as the investment matching that I request, that would be for a new start-up that I put work into. Also, I don't reciprocate your sentiment on 'why should I match your investment when I've done all the work?' ... I'll tell you why that is the case. If you are coming to me looking for money, then it becomes a supply and demand kind of thing (e.g. I supply the capital, I demand both ownership and repayment as well as a return on investment of around 3-5x in 5 years.) As far as my being an "accredited investor," last I checked there wasn't an accredidation board for investors, only people that have great ideas and can contribute something to the world but need help getting there. So, the answer to that question is it is irrelevant. And just FYI, with your attitude, if I didn't misinterpret it, I wouldn't touch your venture with a ten foot pole for fear that you will fall flat on your face because you wouldn't see the forest for the trees... Just my opinion. Thanks.

SEC defines the accreditation. VC's get nervous if they do series B with an uncredited large investor on board. The amount you're offering is large.

As for supply and demand - that's blown out of the water by the number of other VC's and angels offering funding for far less than what your "demands" require. For starters, VC's and angels don't require the founders invest an equal equity share, nor do they require repayment -- the latter would be classified as a loan.

As for all of the other "fluff" in your post (i.e. the forest for the trees), I'll simply ignore it as it speaks for itself. I was simply asking questions that needed to be asked; anyone accepting that amount of money needs to be aware of the many risks that come with it (including loan sharking). If you think asking questions is an "attitude", then perhaps your experience isn't what I expected for "6 years".

I apologize if my original post came off as strong (was it the "you can't just throw money at someone?"), but I try to look out for the well being of others. Meeting an investor on a forum is a little sketch, especially when they give very little detail on the terms.


Best Regards,

Robert

[Vittoria Marketing]

Robert,

Thanks for the reply. As far as the SEC, they are what they are for a reason and have absolutely nothing to do with private businesses. If the venture does not require the issuance of equities, then the security exchange commision doesn't even come into play. I agree with parts of your rebuttal, yet disagree with some as well. I do not look for businesses that are already operating to "throw money at" because that is entirely too risky, I don't know anything about the business except for what is in the plan which is 10% what you need to know and 90% what someone wants you to know. I was not requiring the mutual investment, it was a suggestion for a venture that has not yet been established, however I would expect that if I funded a business with no help from one or more of its founders, that the ownership and profit sharing would be less than equal in my favor since I am putting out all of the risk. The amount that I plan on injecting is not a large amount, in fact, $150k wouldn't even finish a feasibility study on most of the ventures that have business plans for. I can see where you are coming from and do respect your opinion. Thanks for the insight.

[CP Mr Ofevaw]

Glad we came into (relative) agreement

$150K is a pretty significant amount in terms of angel investing (not VC investing, however). I guess it really depends on your business, though.

Is there a certain equity stake you're looking to take over as the primary investor, or will you judge that on a case-by-case basis?


Best Regards,

Robert

[ratherbfishin]

Nick,
This thread is somewhat old. Are you still interested in an investment opportunity?
If you are still out there we can talk about one. I'm in Texas also.

Regards,
Jim