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bitpop

legendary

Activity: 2912

Merit: 1060

Quote from: OgNasty on March 10, 2020, 05:10:04 AM

Quote from: bitpop on February 27, 2020, 04:07:24 AM

This is what I have in mind, fully legal but without the real estate https://diversyfund.com/investment_offering/diversyfund-growth-reit/

The amount of money you’d have to invest just to start a REIT or an ETF would shock you. Just to get the ticker symbol the cheapest way you’d be looking at buying an existing company starting around 50K. Then there are so many regulations and requirements, not to mention ongoing fees... It’s honestly not realistic unless you think you can raise millions and immediately start producing millions in revenue.

A better idea might be to do a token using a coin like Ravencoin and having all your investors completely unprotected with nothing more than a wink and a smile that you’d ever return anything to them. If you have a good enough reputation you might be able to raise some funds, and with an established track record of payouts you may be able to entice new investment. There are too many issues to list that you’d have to overcome even going this route, but it’s possible.

I’ve personally looked at doing something like this with funds I have sitting around for NastyMining, but the only decent solution for me is investing in untaxable assets, which exist under certain US laws, but pay a very low return and would likely not keep up with just holding BTC.

I wouldn't do a full ETF. I'm interested in the new fundraising rules https://www.inc.com/jeremy-quittner/title-three-finally-a-reality-for-small-investors.html

OgNasty

donator

Activity: 4760

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Leading Crypto Sports Betting & Casino Platform

Quote from: bitpop on February 27, 2020, 04:07:24 AM

This is what I have in mind, fully legal but without the real estate https://diversyfund.com/investment_offering/diversyfund-growth-reit/

The amount of money you’d have to invest just to start a REIT or an ETF would shock you. Just to get the ticker symbol the cheapest way you’d be looking at buying an existing company starting around 50K. Then there are so many regulations and requirements, not to mention ongoing fees... It’s honestly not realistic unless you think you can raise millions and immediately start producing millions in revenue.

A better idea might be to do a token using a coin like Ravencoin and having all your investors completely unprotected with nothing more than a wink and a smile that you’d ever return anything to them. If you have a good enough reputation you might be able to raise some funds, and with an established track record of payouts you may be able to entice new investment. There are too many issues to list that you’d have to overcome even going this route, but it’s possible.

I’ve personally looked at doing something like this with funds I have sitting around for NastyMining, but the only decent solution for me is investing in untaxable assets, which exist under certain US laws, but pay a very low return and would likely not keep up with just holding BTC.

Harlot

hero member

Activity: 1806

Merit: 672

Generally if you are looking for a kind of partnership like this what you would be looking for is some kind of corporation where you will be the managing partner and the one providing the funds is from your silent partner. A normal partnership wouldn't simply cut out especially if you think about the market you will be covering if you think about how a corporation will stand out to the businesses you will be planning to manage. REITs and ETFs are also bound to be a corporation as they aren't normal commercial businesses. so I would advice you to start looking for partners wanting to build a corporation but it would be tough if you won't be flashing out cash on your own.

CristianOff

member

Activity: 421

Merit: 97

Quote from: stomachgrowls on March 03, 2020, 04:36:50 PM

Why wont take the same action?It would somewhat like a gamble but since you do know the probability on making money out of this idea then risking out will vary on you.

Sounds reasonable

Quote from: ?? on ??

Numbers greatly depend on the locality. In my area, an average small business would cost $250k and net $50k per year. Small businesses have amazing return.

So true.
This guy did not do it in the US but rather in a "cheaper" country (Romania where average salary is €300/month). The only advice I know from him and I share is DO NOT BUY RESTAURANTS

If you want to do what this guy did you should follow the advice from
mister president and take a small loan of a million dollars. The risk is much higher unfortunately compared to his $400k and you won't get 10s of shops

stomachgrowls

hero member

Activity: 3010

Merit: 794

Quote from: CristianOff on March 03, 2020, 12:28:19 PM

I know a guy who is his own "investment fund", invested in 23 local shops in 2012 (about €20k each) and is now worth over €10M so that's why I believe your idea is worth it.
The only difference is that this guy took out a big deal of a loan and leveraged his investment.

Why wont take the same action?It would somewhat like a gamble but since you do know the probability on making money out of this idea then risking out will vary on you.

Quote from: Vod on March 03, 2020, 03:02:57 PM

You need to show proof of your success with investments. Then you will attract investors naturally.

+1 to this. When it comes to money nowadays it is really very hard to support or fund a project since trust would be the main issue and
most people doesnt get attracted much if the project idea is great.

2double0

legendary

Activity: 2618

Merit: 1105

A Bitcoin ETF? Will it get an approval at first?
Can't you open a crowdfunding website where you can let your investors check the PoS 'Proof of Success' as directed by Vod and invest directly into your project without the involvement of a centralized institution like SEC which will need to approve your ETF before it gets publicly released?

hulla

hero member

Activity: 1834

Merit: 566

As said by CristianOff, the idea is interesting but to none crypto enthusiast because crypto enthusiasts will choose to accumulate more coins and hold till the new ATH is achieved than raising a fund only for someone to create a small business while they receive something like a dividend. But, you may have a good response if you choose to post your offer on the local board while you and people do the deal and signing in person.

Vod

legendary

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Licking my boob since 1970

Quote from: bitpop on February 27, 2020, 04:07:24 AM

It would be a fund, like an ETF or REIT that invests in small businesses. I would create the team and business that buys and runs small businesses such as restaurants and local shops.

I have a lot of experience running a small business and would like the capital to buy and run many of them, returning the profits to the investors. It would help Bitcoin investors diversify and earn income.

You need to show proof of your success with investments. Then you will attract investors naturally.

CristianOff

member

Activity: 421

Merit: 97

This actually sounds very interesting.
I am open to join an investment fund if it invests in crypto and manages crypto on behalf of the client because this is appealing to me.

If you're proceeding with the investment fund in small businesses, it would be better if you get serious about it with actual numbers
so that you can convince investors.

Here is what we will raise: $ X
Here is what we will expect to profit: $ X
Here is how much money investor gets back in X amount of time: $ X
Here are our company costs: Salary for managing the business, investment amount perhaps?

Also a person to run the fund side needs to be someone who has GREEN connections (strong connection with at least medium net worth individuals)

I know a guy who is his own "investment fund", invested in 23 local shops in 2012 (about €20k each) and is now worth over €10M so that's why I believe your idea is worth it.
The only difference is that this guy took out a big deal of a loan and leveraged his investment.

bitpop

legendary

Activity: 2912

Merit: 1060

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