Alright, this will be a bit different…
In addition to the company I founded in around 1992, own the majority stake in, but no longer oversee the daily operations of, I am co-founder of a startup that has been in pre-launch — primarily software development — for about the last year. In addition to the initial capital contributions of the founders, we have raised significant seed capital from two parties.
And we require more.
However, investment in such securities is open only to Accredited Investors,
which though touted as protection against the little guy getting
scammed, is really protection for rich people, so they don’t have any
competition for available offers and can get start-up stock dirt cheap.
Accredited Investors currently make up about 8.5% of individuals in the
U.S., but the $1 million net worth mark has been in place for a long
time and competition is apparently getting stiff. Therefore, the latest
proposal is to kick the requirement up to $2.5 million, protecting the
top 1.3% of the population, preserving all the most lucrative
opportunities for them. To give you an idea, seed rounds of start-up
stock usually sell for well under a dollar per share, and sometimes
under a penny per share. This is long before going public.
The new company is in the finance / lending space. I can’t say much
about it, yet, but it is completely unique, has nothing to do with
traditional lending or the sub-prime mess, and in fact, has a utility
patent pending it’s so unique.
If you are an Accredited Investor (absolutely no exceptions or
loopholes), capable of making an investment in the area of $25K
minimum, and are interested in finding out more, then email me by
clicking on my photo, then the email link. This is serious business;
however, this is not to be construed as an offer to sell securities.
We’re prepared to present a complete business plan and live
presentation here in San Jose; and for the right potential investment
would consider travel to anyplace in the world.
This is also a fairly short window of opportunity as more formal funding could take place in as little as 60 days hence.