What exactly would be needed to have something like this on GLBSE?
I'd really love to invest in a more anonymous way over there...
I think the biggest problem seems to be the "buyout" if someone wants to get out again and that the earnings are varying from share to share, right? (e.g. I bought a share in Jan. and earned 10% each month --> I get 1.3 times the money in the end of march but "only" 1.2 times the money if I bought in Feb?)
You could however just say "1 share of the fund costs 1 BTC in Jan, 1.1 BTC in Feb, 1.2 BTC in Mar... and I have a buyback offer open should you want to cash out at 0.99BTC in Jan, 1.09 BTC in Feb, 1.19BTC in Mar..." with the prices calculated according to your real earnings/losses of course. The downside would be that you might need to have some cash stored at GLBSE to buy back shares if needed, but on the other hand it might save you a lot of work for these payouts. You could then issue new shares whenever needed and people would know that in the beginning of each month there will be time to buy new shares and/or liquidity to cash out.
Also it would be possible to invest smaller amounts of BTC in something, as some people (not you, though I think a "contribution" of 0.1BTC to your fund might also be rejected) want to have only a few large investors for some reason. I don't feel comfortable with handing ~50 USD to a complete stranger... however something about the price of a hamburger would cause me much fewer second thoughts.
I would like to join GLBSE but with my current system it would not work, there are a few things that I would have to change. I have kind of a bond looking structure of where deposits and withdraws can only happen during weekends, this is so I can invest a maximum amount of our capital without having to keep to much liquid if someone wants to withdraw. This is also from keeping people putting in money when the fund is going well and as soon as we hit a rough patch get out of there (kind of like pool hopping but I guess fund hopping xD). If someone were to do that then the people keeping the money in the fund over a longer period of time would have to pay the price of when things go rough and I don't want that kind of a system, hence I have deposits/withdraws closed during the week.
Also what would happen if the fund goes with a lose on GLBSE, the only thing I really could do is take the loses away from the next dividend which also doesn't seem that optimal.
I just think that for now with my current system I will stay off GLBSE, in the future when I have a better system and more interest in the fund, I may chose to move over to GLBSE. Regarding the trust issues, I am trying to deal with thoose, I have gotten a OTC account, I have suggested a real ID verification by someone known in the community, I am not sure what else would make you feel better investing in me? if you have any suggestions please tell me
![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
Also I am in no rush, I am here to stay and I am willing to wait for people to start to trust me, if it takes a couple of months that's fine
//DeaDTerra