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if you've got an investor who is willing to invest in your ideas ( need a consult )

Discussion in 'BlackHat Lounge' started by kaherrt, Sep 3, 2012.

  1. kaherrt

    kaherrt Registered Member

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    hey so i just got the attention from a high level investor or let's say not a professional investment company it's just like a guy who is millionaire and willing to put some money into my ideas ( JUST ONLINE ) i will have a meeting with him soon and i need to focus on a single vision/target to introduce the idea to him professionally .

    Actually i have a lot of website ideas most of my ideas consists of creating e-broke-service website like fiverr, freelancer, odesk because those will have success if they got a true money for marketing and they simply need no work from your side i mean there's work but not as doing CPA , etc... and i would rather implement something that will benefit me for long-term and really get famous ! - with the website :D - .

    Our first conversation wasn't really deep but he mentioned that he wants 70% income for him and 30% for me and the Losses are on him - WAIT i know this is not professional but that's the guy i am dealing with - well i explained to him that we can't decide these things now until we put up some plans and decide what we're going to do how many websites maybe 1 idea maybe more ( to be implemented ) and check the income the success etc .... personally for me i would agree on 40% income for me and 60% him and of course that will vary every while with every new progress .

    something to mention , he is not the internet guy he barely knows how to skype , play online games , etc ... a normal user u could say .

    overall i am not going to pay a dime , he is the money and i am the rest ( creating , managing , marketing , etc )..

    there's another important fact that my ideas aren't worldwide it's limited to the multiple countries that uses ( 1 language ) and it's not english b/cz of course i am not going to compete with fiverr but as long as the crowd i am targeting most of them doesn't know english then i can clone websites and introduce them to other multiple countries that uses same language or maybe i can create products ( bots ,apps) .

    there's the other way that i can create multiple traditional normal content-based websites short-term like doing cpa and outsourcing but this is short-term and will not last forever so for me building something for a long-term would be more benefit especially when i am splitting the income with the investor ! don't you agree ?

    And do you see this as the big deal opportunity or ?
    any advises even a note or a past experience is welcomed & appreciated .
    p.s : sorry for bad english
     
    Last edited: Sep 3, 2012
  2. BlackxHat

    BlackxHat Power Member

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    at 70/30 split i'd assume hes putting up most of the cash for the site and also doing some work on it or hiring workers for it. it can still be profitable for u but i would would try my best to get 50/50
     
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  3. kaherrt

    kaherrt Registered Member

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    i am not going to pay anything , yes he is putting up all the cash , but don't forget that he's only going to put the cash in he's not responsible for the success & the managing it's on me even the creation coding marketing a lot of work on my side .
     
    Last edited: Sep 3, 2012
  4. Lazlo1967

    Lazlo1967 Junior Member

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    If he's putting up the $$$ then a 70/30 split is not bad (obviously you'll try to negotiate for more). I would stick with one idea - your best - and sell him on that. After it's successful you can either bankroll the next idea yourself or negotiate a better deal on the next project as you have already proven your worth.

    Most investors want to know how they are going to get their return and money out. For them passive monthly income is nice, but they usually are looking for a liquidity event (sell the company, go public, etc.). So keep that in mind when talking with him.
     
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  5. kaherrt

    kaherrt Registered Member

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    that's what i am thinking .

    of course he wants his investment back but don't forget that long-term success needs a price . and that price should be paid first before you get the success and the income so basically it's like a Bet besides he mentioned the losses so he know that it may not be 100 % but hey anything marketed right would do the job especially online but the question is how far he is willing to go/invest !
     
  6. kaplan

    kaplan Jr. VIP Jr. VIP

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    How can you talk about a split (70/30 or 50/50) when you don't know what the business is and how much money he is putting in?
    I had investors before and they gave me money according to a business plan and project income.
     
  7. Zapdos

    Zapdos Power Member

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    70/30 is you getting screwed. Even if he puts up all the money, money doesnt create money. Money fosters ideas that make more money. I'd do 50/50 or nothing.
     
  8. zoyaraymonds

    zoyaraymonds Regular Member

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    70/30 is good,,,if he is willing to bear losses. just hire an employee(3rd) pay him from his fat-wallet and distribute your work....:)
     
  9. silentthunder

    silentthunder Power Member

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    70/30 split and concentrate your efforts on cpa is what I would do/have done.
     
  10. hurn

    hurn Power Member

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