Topic: Venture over. (Read 7849 times)

Obviously there would be a legitimate identity confirmation on both parties ends.

Bump
Email [email protected]

wow 75m return on a measley 1.25m investment.
Why not go to the bank. I am sure thwy would love that kind of return ?
Does the 1.25m investor get to see I.D ?

regardless - good luck, brah

I'm not the flaming type but you should really check out bitcoin and what makes it tick first
Saying constructive input from sr members is not helping your case here.... Most of us actually have alarm bells ringing when we hear sr.... mostly drug dealers and scammers.....

On a more serious note you should probably cut some costs and exchange your fiat savings in bitcoin.
we net a 12000% profit over 30 months by a simple buy and hold strategy*

*past performance is in no way a guarantee for future performance although you should be fine

Is there any proof you can give that you are actually associated with the festival??? Your gmail account looks to me like "I am scammer" - if you would be associated with festival why not having e-mail at lunarmassive.com domain???
 

SCAM ALERT!!! (not proven, just alert)

Why would anyone want to read the a 40 page business plan from someone with just ludicrous claims of gains to be made in the first sentence they ever read from the guy.  

Take your search for mugs elsewhere mate.  

I'm not personally able to comment on the quality of your business plan however your presentation on here has not been the most professional. I would advise against the use of smiley/un-smiley faces. Also more transparency is needed, such as proof of ownership, proof of identity and you also need to get listed on an exchange like Havelock or CounterParty.

Thank you, this is all I have been trying to say.

You're definitely right though, this particular 40 page document isn't a 5 year olds story as NotLambChop implied, but a very well strategized and presented business plan.

I wish more people on this forum would realize the logic in your point on judging. :/

^
No.  I don't need to read OP's most recent typings to judge OP, this thread told me all I need to know.
But you're entitled to ur feels.

While I can see a lot of hyperbole in this thread, such as the return he is looking to provide I feel it is unfair for you to judge it without reading his documents.

That being said, the length of the document has very little relevance as to the quality of the business/its leaders.

Typing up 40 pages is a big accomplishment for a five-year-old.  Anyone older?  Not so much.
(And who are *you*, btw?)

who are you? have you read his 40 page document?

I definitely understand that, my problem is that without seeing my business plan I don't see how it could be constructively vetted. In my next approach I will try to make it more succinct and professional and hopefully just have a reasonable business conversation. As a few key facets of the plan are confidential (which I understand has been used as a bogus "excuse" in the past here), it makes it more difficult to have an open conversation about the entire plan. I'm not looking for an IPO though, moreso a few key investors, so this plan won't just be offered into the publics hands for debate.
I will post what I can, and ideally the way I would like for it to happen (let me know if this is possible in a forum setting, I'm not really that much of a forum junkie) is to have a thread with the basis of the idea as much information as I feel comfortable sharing with the public in a self modded setting, and then a separate thread that would be invite only for private viewing. I could use the private thread to invite only the people who have signed the NDA and seen the entire business plan so that we could have an in-depth conversation regarding the intricacies of it, and use the initial public thread as merely the gateway to link interested parties to it.
The only problem I see with this is that I have only had one person sign the NDA thus far and check the plan out. I think it is mostly due to the way this thread has, as jimmothy so eloquently stated, "gone to shit".
So hopefully in a self modded, non-derailed setting, I can have a legitimate enough conversation with interested parties that I can have a little more valid participation.

Let me know if that seems like something that would work here.


Yeah sorry that is more specifically what happened, SFX owns 75% of the ID&T company, but the original owners of Tomorrowland bought back the rights to Tomorrowland itself.
ID&T throws many other shows though like Mysteryland etc all through Europe, and the primary reason for the acquisition of the company was to have the rights to bring the Tomorrowland and Mysteryland brands to America to exploit the exploding festival scene that is going on. Tomorrowland was their baby though and they didn't want to risk anything happen to it. Sorry to have worried you


I wouldn't go so far as absurd, it was not as professional of an initial outreach as I could have done, and that is my fault for not investigating my target audience as much as I should have. I assumed there were members of all kinds of this forum (which I'm sure there are, the active ones are more of a professional-demanding mold though) so my pitch was more catered to appealing to everyone who might view it.
Trust me when I say that 5000% is not an outlandish amount though. I would be more than glad to explain why, but to see all of the details I will have to ask you to sign a mutual NDA.

I will be making another post in the near future that I hope can please everyone and start some forward progress. I sense that there is some interest but having heard of all of the scamming that has gone on in the recent past I understand why there is a lot of skepticism.
Looking forward to speaking with everyone again soon.

I don't think the paid trolls have anything to do with this thread turning to shit.

It has more to do with the absurd/unprofessional money grab from the OP.

As for "mindless ignorant posts" I would say the OP is the most ignorant post here. You create a title akin to "send me money for 5000% return" and expect us to take it seriously.

Get real.

I'm pretty sure that's not true.

Edit: I checked this and SFX bought ID&T, the company behind tomorrowland. But the organizers Manu & Michiel Beers bought back 100% of tomorrowland's shares.


sorry i'm Belgian, tomorrowland is like my baby, telling it's 75% in american hands makes me nervous. Tomorrowland is still Belgian, phew...don't scare me like that!

There are Professional Trolls in these parts, sure, but part of vetting a business is trying to poke as many holes in the plan as possible. This will still happen in a moderated setting, albeit with less chaos.

great idea, thanks!
i'll get on that soon
i have had a bit of constructive input from a few sr members via private message, ill implement all of it in my second approach and self mod to delete these mindless ignorant posts

thanks!

Sometimes it does take a while to find something that makes you laugh this one was cute

Congratulations.  After reading probably hundreds of your posts, you finally made me laugh.

No paranoid delusions here. Nope

There are about 3 or 4 regular Trolls on here and they are very active.

The main Troll sponsor and poster is Mirceau Popescu - he runs a bitcoin exchange called MPEx. Anything and everything that could draw coin away from his site is Trolled. It doesn't matter how valid the proposition or company, he and his goons will Troll it.
Without them here you could have a sensible debate and present your case but it turns to delinquency when they are around and before you know it your thread is a joke.

If you are passionate about this you could try again with a self-moderated thread and monitor and delete Troll posts. It will work eventually.
Personally I don't see why you need to raise BTC - this to me seems to be a FIAT business. Sure there could be a community here willing to back a music festival but you need a fairly self-modded thread to build trust and have a discussion.

People on here are grown adults and despite what the Trolls claim to be acting for (to warn people off scams) the guys on here are old enough to make their own decisions after having and reading the debate. Ofcourse the Trolls are not here to protect anyone apart from themselves and their failing MPEx. With a CEO about to be arrested and extradited who could blame users of MPEx from jumping ship.

Life is also about contributing a community- which is exactly what members of this board are doing. You are asking people to put a large investment into something on a securities board on a forum- so I don't know what you expected- rose petals thrown into the air? If people point out flaws in your investment proposal then it's up to you to argue otherwise.

Sorry OP, I didn't realize you were serious.  Let me put you in touch with another captain of industry, a financial tycoon starting a bank.
Here:  https://bitcointalksearch.org/topic/the-international-bank-of-crypto-escrow-pre-order-shares-579138

I'm sure he's a capable financier, and both of you are unmatched entertainers.  Do't let the haters get you down!

I'm glad that you guys have simple enough lives to take time out of your days purely to bash a plan that you know nothing about. The Internet is a great place for people like you to relieve pent-up angst.

I'm looking for an investor who knows enough about the industry to realize that this is the prime moment to break the mold, as large corporations are acquiring festival brands left and right for 100 million dollars. Our plan is centered around creating the optimum brand for selling based on the buyers strategic goals.

I am not looking to bandy words with people such as yourselves who seem to be only seeking conflict. Go do something constructive.
If you aren't interested or have something constructive to say, kindly carry on. I will continue to look for the curious, outside the box thinker that I know is here somewhere, then I'll go over my business plan with them and go forward from there.

Fortunes aren't made by shooting down ideas before you have a clue what they are. They're made by considering the potential of things and getting in early. (Cough bitcoin)
I thought people would be more open minded here given the mindset behind being an early adopter, apparently it's just as full of trolls as the rest of the Internet.

This is why nobody will take this seriously.

Please stop with the rediculous estimations.

A more accurate title would be: Looking to spend your 1000btc on a likely unprofitable business.

You're right, the title of the thread was and is inaccurate. I will change it to be more suitably reflective of the idea.

Even the OP admits he's promising a ludicrous return 

I like the idea of a music festival powered in-part by Bitcoin.. but you have to expect skepticism when you claim things like that, especially here.

Forget about the subject?  OP promises to "return = ~150,000" for an investment of "~2500 BTC," and I should ignore this?  What else would you like me to ignore?  What fresh kind of craziness is this?

Forget about the subject (I agree it's a bit misleading). The business plan is calculated in $ and BTC isn't mentioned anywhere. Bitcoin would be no more than an investment vehicle for a fiat-world business.

This said, I'm not trying to promote anything here. Drew asked me to have a look at his plan and to give my opinion and I did just that. I'm not going to invest myself as I don't have that amount of idle cash and anyone considering to do so would be a fool if he didn't review the plan him/herself before making a decision. I'm sure there are risks involved as in any business but there are also cases of success.

In brief: do your own research instead of bashing someone without looking at what he has to offer

As someone who has close friends with people in the music festival business in Australia and NZ, I can certainly attest to it being an extremely hard market to make the type of gains that you are talking about. There are a huge amount of insurance and compliance costs that the operator is responsible for and that carries enormous risk. The business model isn't a great one, because it involves a large capital outlay of costs upfront (contractors tend to be reluctant on taking 100% risk with music events and will ask for deposits in advance), and profit is dependent on a number of factors many of which stand outside just successful marketing or high quality acts.
My friends do it for love of music- because making big money in that industry is extremely hard. I wish you well, but I would bet on the return that you are talking about being far more likely simply by holding BTC than investing in this equity.

Subject: "Looking for investment of ~2500 BTC for music festival, return = ~150,000"

Sure bitcoin price matters, since OP is "investing" bitcoin into fiat, and then converting fiat profits (sorry if you just sprayed your keyboard with coffee) into bitcoin.  If, at the time of repayment (moar lulz, sorry) bitcoin price has doubled, OP would need double the fiat to cover it.

I'm amazed that you read OP's business proposal, concluded that it is sound, and missed this glaring blunder.


NeoBee was a bag of dicks.  This is a cheaper bag of dicks, but the dicks it contains are just as suckulent and tasty.
Do.not.want.

Digitally Plugged in 18-34 year olds are not a "hard to reach" demographic. Hell, 9 times out of 10 a product or service is marketed towards 18-34 year olds or teenagers because they either have the disposable income and the single lifestyle (less responsibility) to splurge on products and services or they have parents who will get them what they want.

Dank 2.0?

 

We don't plan on overnight, we plan on 5 years.
It may sound silly when you know nothing about the industry, but the fact is that there are a couple of companies out there who are hell bent on acquiring every EDM brand they can for the purpose of uniting a hard to reach demographic (digitally plugged in 18-34 year olds with disposable income) and have already purchased many brands in the past year or two for 10-100 million.
So with out unique approach to build the perfect brand to cater to their goals, it is more than possible that we will be able to sell the brand ultimately for $250M.

If you don't know anything about this industry I will be more than happy to fill you in, but please don't senselessly bash my ideas without having a clue what our plan is. I assure you that this isn't just wishful thinking.

Lol @ a music festival or chain of them being worth $250,000,000.  It's a completely flooded market and very competitive in Europe at least, so the idea you can create a quarter of a billion brand overnight is ludicrous.

If it's such a great idea look on a crowdfunding site for a million dollars. 

Thanks for the vouch thehun

Anyone else interested in these levels of returns please do not hesitate to contact me through private message

All other things equal of course and you expect the estimates to be accurate but in this case would call that into question

With this kind of ventures you have to forget about Bitcoin valuation as it is just an investment vehicle. It is a business thought for the fiat world and returns will be in fiat (maybe converted to BTC at the time of payment). You have to decide if you would rather hold the BTC expecting a higher return than the investment in the proposed timeframe.

I have been in touch with Drew the last days and he has sent me his business plan. After having looked at it I can say it is very professionally presented, thorough and ambitious but feasible nevertheless. If I compare this to the projects some people have been throwing tons of cash into lately which hardly had any business plan at all or they lacked basic financials (like NEO-BEE recently), I think it's one of the most serious offerings here on Bitcointalk. The guys have experience organizing music festivals (have a look at the Lunar Massive videos on Youtube or their Facebook page) and I agree with Drew in that there is potential in this market.

This said, of course it's not for everyone (in fact I told Drew that Bitcointalk is probably not the best place to come at this moment looking for funding given the recent events). The organizers have their reasons to not want to do an IPO as such but rather limit the offering to a reduced number of investors which of course sets a higher share price. So if you're in a position to invest a larger chunk of money I would say: drop a line to Drew, sign the NDA and have a look at his plan, then do your research and then make your own decision.

Will this project make twice as much us dollars if the price of bitcoin doubles? Because that's what you'll need to do if the statement in your title is correct.

Stupidity is a dizzying array of the same flavor.


Someone should make snarkoin.

You mine it by posting on TardsTalk.

-Newbie
-Makes wild propositions with no data to back it up
-Offers huge interest.
-Offers no collateral.

Best most legit offer ever.
Everyone , invest all your BTC now !

This looks familiar.

I think there is a lot of future in that industry (I have a friend making big bucks in fact) but if you want people to trust you you will have to work a lot harder. The Bitcoin community has already been fleeced so many times that very few people are still willing to throw their money into ventures with so little information. If you do decide to provide more information about your plan and yourself and others who will take part in the venture I'm sure some of us might consider investing something.

I don't see how someone donating their time to warn people away from idiots and or scammers is pointless. 

Here's a starter list:

-who are you?
-the south park episode I'm reminded of is the $90 trillion blender
-your proprietary plan/idea fails to account for deflation (unless stealing the value appreciation of your investors Bitcoins is your goal ala Havelock)
- ^ tells me you have very little idea of how bitcoin works
-you sound like a con artist and name drop like a d list promoter

You're a scammer.. in the Securities section.. of bitcointalk.org.....  You're in the right place.

Very good point toastee. Our guy, however, has had relationships with all of the major agents at William Morris, AM Only, Circle, SPIN, Bullitt, Windish, etc for a very long time, some over 10 years.
The show we have already thrown included New World Punx (Ferry Corsten and Markus Schulz collaboration) 2nd performance in America. Our guy booked this act as well as the majority of the other headliners, has a personal relationship with Joel Zimmerman (Deadmau5) and can book just about any artist on the planet.


I really don't understand how some people have TIME to be so pointlessly hostile on this forum. It is simple - If you aren't interested or you think this is foolish, don't respond. If someone has interest, they can send me a private message or an email at that email address and we can work from there. I am not publicly broadcasting my business plan due to its unique nature meant to take advantage of the market.
If I were willing to publicly broadcast my business plan, that's when you should be skeptical because doing the same thing as everyone else right now is not how you are going to be successful enough to promise such a ludicrous return.
So back to the point - If you are interested, please contact me and we can discuss more details. If you are simply here to flame, please move on.

Admins - if this thread is in the wrong place please let me know and I am more than willing to move it to where it needs to be.

This isn't a spiritual communion forum, this is a securities forum. You want a business plan considered? You post it. You want to be taken seriously? You go through the basic steps of getting yourself established. No "I'm immune cause I have an anonymous "friend" who's been around longer than me". No "I can't show you my plan because it's super secret and revolutionary and I'd like you on my mailing list." No "I can be as irreverently stupid as I'd like and nobody can call me on it because I asked nicely."

It doesn't matter how much you think you need, or how much you imagine you can return. It doesn't matter how pressed for time you feel, or how great you think your idea is. If you want to interact with the program, get with the program.

Something just topped a Havelock IPO   (Sorry that was a bit mean)

But really this number is insane

Money is not the only thing required to book the kind of talent you would need for the returns you're forecasting. Regardless of if you have a DEMF/Paxahau guy on your side, most of the major booking agencies (SPIN, WME, AM Only, etc) will not even return your phone calls if they don't have a pre-existing relationship with you. While a good idea in theory, your post contains a lot of fluff and speculation. It also does not really belong in the securities section.

Ok.
So just move on to the next thread. Please don't flame mine. You haven't seen my business plan, you don't know my market. I have 40 pages of valid reasons why I made that statement. You have nothing but skepticism.
Please keep it out of my thread and I will speak with the people who understand how to think outside of a box.

As mentioned in the original thread, even if you are just curious at how I am able to toss such huge return numbers around, please don't hesitate to email me at [email protected]
I'll shoot you over an NDA and then I'll send you our business plan. I think it will clear up any doubt pretty readily.

Bullshit.

Anyone can make ridiculous claims like that and the fact that your claims are so far off from reality means nobody is going to invest.

Sounds like the OP is trying to throw everyone a big party :p

Earning Bitcoins in the future will likely to be hard, we have no idea what the exchange rate will be in five years.

saw these numbers, didn't read further, could put "lol" here but frankly fail to see the point

.