Thanks for actually reading - it seems to be a scarce quality around these parts.
Sex sells we all know it does, i looked into this business model and found it is HIGHLY profitable.
But after reading what you wrote you are not ready to take any seed funding yet.
1) you are going to living a charge back nightmare situation.
2) you have no site...
3) you have no models
4) you have no customers
1. No, adult-related merchant accounts such as CCBill, charging 12-15%, exist and are used by the adult industry successfully, including cam sites. Their large discount rate reflects the risk (or so they say). Bitcoin transactions are of course our long term focus, as the chargeback rate for that is, well, zero, and the discount rate is also effectively zero.
2. We have a site in development using the most modern technologies possible - NodeJS etc etc. I've been involved with the Internet industry in one form or another since the middle of the 90s. I know what works.
Edit: we have a decent domain name for the niche, too. 3. Yes, actually, I've been involved in the cam business for 6 years. Do I have 100 models? No, not this week. But I don't have zero. And, of course, our business plan is focused on getting models to the site, and keeping them there while volume ramps up.
4. Actually, I do. I have a couple of mailing lists with an aggregate of ~20k subscribers who are VERY interested in the niche. I also have sites with 700k+ page views / mo on which I can advertise at zero cost, and several others in the same niche on which I can place advertisements inexpensively. Please see my OP.
So what you are asking the community to do is invest blindly with you? Show some proof of working concept then come back and ask for cash. I do referrer people to chaturebate all the time for the 50$ bounty you get. I just post on craigslist with some stupid corny shit like "hiring ladies make up to 5k a day" I can usually turn over 2 chicks a week doing it.
No, not blindly. I'm asking for a Skype call. Please reread my OP and replies. Obviously you know Chaturbate, and how they rose quickly. To say their recruitment policies were "inspirational" in our business plan preparation would be very accurate. As I write this, there are well over a thousand models on Chaturbate.
There is craigslist in the major cities of the niche I target - I'm happy to pay you a similar commission.
26% guarantee for 3 years <---- that statment right there will have the SEC up your ass in 1 micro seconded. YOU CAN NEVER guarantee a investment.]
Well, I don't live in the US, the servers will never be in the US, and the company is not incorporated in the US. If you dislike the term Guarantee, why not think of it like a dividend. Are dividends guaranteed? Is the word accurate? If our investors look at our cashflow projections, they will check to see if we can afford to pay 5% quarterly. We believe we can, and that by month 4, we will not have to top up our distributions to match the "stated minimum dividend", if that's your preferred terminology.
It is of course your right not to believe.
Two things here.
1. The cost of the software development does not account for anywhere NEAR the 250BTC asked. If you know how Chaturbate gained
AND KEPT its models at the beginning, you will understand why we need a large float. Nobody wants to visit a site without models, and no models want to hang out on a site without customers. The pump, as they say, must be primed.
2. If you expect a site built with turnkey software to do well, well, you've either been hanging out on flippa.com too long, or you just don't know. Videowhisper is good for what it is. But name one top cam site which uses it or any other turnkey script. My developer is building the site using Meteor, and yes, of course it's rough - it's still in development.
There is no assets to a webcam site besides the server valued at a couple grand most at tops right?
You can not run a cam site pushing several Gigabits per second on a single server worth a couple of grand. As I said earlier, I've been in the internet business since before Internet Explorer. I know how to build systems that work at scale.
Edit: While we won't need anything this complex to begin, this is what you can expect to grow into as you increase scale.
http://highscalability.com/blog/2010/3/16/justintvs-live-video-broadcasting-architecture.htmlI am also going to guess since that account had 0 history from may 6 to when you posted this, you bought that account.
Nope, as I mentioned previously, we built a gaming site last year, and this was to be the announcement account for it. If you'd like to run an instant bet gaming site based on rock paper scissors, let me know. I no longer have any wish to be a part of the illegitimate gaming "industry". My apologies if you would have preferred me to make a new account.
Thanks for this, by the way. Presenting and defending actually helps solidify the pitch. I'm meeting with a couple of real world investors this afternoon, and this has really helped.