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Young Entrepreneur Forums » General Business » Looking for Capital/Biz Partners » One Serious Investor - $50,000 US - 10% of Company



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Old 05-29-2006, 06:22 AM   #1 (permalink)
Scott Taylor

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One Serious Investor - $50,000 US - 10% of Company

Im not saying much on the forum but if you are an experienced investor this is an outstanding opportunity to invest in my company. Im 16 years old and live on the Central Coast in Australia and have already been asked for television interviews with regards my company and its innovative ideas. If you are interested please email me at: s.taylor.10[at]gmail.com

SERIOUS EMAILS ONLY, all others will be deleted. You will also be asked to sign a confidentiality agreement and non disclosure agreement.

Update: 4 Offers so far.

Last edited by Scott Taylor; 05-29-2006 at 04:53 PM.
 
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Old 05-29-2006, 06:39 AM   #2 (permalink)
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lol, good one. sounds infinitely intriguing

good luck scott. do come back when you know what happens.
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Last edited by akula; 05-29-2006 at 06:42 AM.
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Old 05-29-2006, 07:44 AM   #3 (permalink)
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NDA = ANF

NDA: Non-Disclosure Agreement
ANF: Absolutely No Funding

Figure it out, then come back. ;-)
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Old 05-29-2006, 04:48 PM   #4 (permalink)
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Originally Posted by CP Mr Ofevaw
NDA = ANF

NDA: Non-Disclosure Agreement
ANF: Absolutely No Funding

Figure it out, then come back. ;-)
I wouldnt say that as we already have sold 20% of the company for 100,000$ and this is the final % we are selling. Its a pity some members on here are not supportive, this is the whole idea of this website I guess. Ah well...
 
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Old 05-29-2006, 05:35 PM   #5 (permalink)
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That was my blunt way of being supportive ;-)

The reason most investors (usually >98%) won't sign an NDA is because

1) What if they are already funding a company similar to yours?
2) What if they aren't interested in your execution of the idea, but someone else comes along with the same idea and better execution?

In both cases, you are significantly limiting the VC before they even know your idea. Perhaps you aren't talking about a VC... but I must ask: Why haven't you approached banks for financing? Your share of liquidity would remain much higher without all of these investors taking a share...
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Old 05-29-2006, 06:39 PM   #6 (permalink)
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if this was so good, the people whou bought the first $100,000 would have got the rest.. hehe even the TV Channel owners :P
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Old 05-29-2006, 09:49 PM   #7 (permalink)
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Originally Posted by CP Mr Ofevaw
Why haven't you approached banks for financing? Your share of liquidity would remain much higher without all of these investors taking a share...
My age... simple. The reason I wont go with investors that dont sign an NDA is becuase its such a revolutionary and innovative idea... Im very cautious of who I let into the circle of trust. You never know who will stab you in the back is all I can say.

But on a lighter note its no problem about the support I welcome any whether it be constructive critism or just a pat on the back.
 
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Old 05-29-2006, 09:51 PM   #8 (permalink)
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Originally Posted by Cobrainside
if this was so good, the people whou bought the first $100,000 would have got the rest.. hehe even the TV Channel owners :P
No I havent allowed them. 30% of the company was all that was for investment and it had to be 3 different investors. And the comment about the TV channel owners?
 
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Old 05-29-2006, 09:52 PM   #9 (permalink)
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Originally Posted by akula
lol, good one. sounds infinitely intriguing

good luck scott. do come back when you know what happens.
Thanks very much for the positive support, means a lot.
 
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Old 05-29-2006, 10:56 PM   #10 (permalink)
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I think it is great you have a good attitude about the detractors. When their business idea is a community of people making money off of the great idea of one person, you can understand they know alot about business, but little about the great idea that is unique.

A truly great concept keeps you up at night. It makes you run to get it out there first because although you know it is unlikely someone else has the same idea, you still don't want to take the chance.

That previous fellow's company seems to say "tell us your idea, we'll all develop it and make it better, then we all share the money"... which is great if you can find people willing to give you their great idea. It sounds like an idea, but not a great idea. It sounds like a way to make money off of other peoples ideas.... but how does one trust on that level on the internet? I don't get it.

Anyways, I just wanted to give props to the 16 year-old with a great idea and say "boo" to the businessman... if he shot down anyone's funding ideas it may lead them to a site like his.... where he gets a shot at some of the money.

When an idea is truly unique and/or revolutionary, asking for a NDA isn't a bad thing, it's smart business. Trust is earned, not given.
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Old 05-29-2006, 11:09 PM   #11 (permalink)
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Originally Posted by Willi B
I think it is great you have a good attitude about the detractors. When their business idea is a community of people making money off of the great idea of one person, you can understand they know alot about business, but little about the great idea that is unique.

A truly great concept keeps you up at night. It makes you run to get it out there first because although you know it is unlikely someone else has the same idea, you still don't want to take the chance.

That previous fellow's company seems to say "tell us your idea, we'll all develop it and make it better, then we all share the money"... which is great if you can find people willing to give you their great idea. It sounds like an idea, but not a great idea. It sounds like a way to make money off of other peoples ideas.... but how does one trust on that level on the internet? I don't get it.

Anyways, I just wanted to give props to the 16 year-old with a great idea and say "boo" to the businessman... if he shot down anyone's funding ideas it may lead them to a site like his.... where he gets a shot at some of the money.

When an idea is truly unique and/or revolutionary, asking for a NDA isn't a bad thing, it's smart business. Trust is earned, not given.
Thank you for the compliments and wise words
 
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Old 05-29-2006, 11:20 PM   #12 (permalink)
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