I NEED ADVICE FROM EVERYONE - HUGE IDEA - SHOULD I SEEK VC FUNDING - WickedFire - Affiliate Marketing Forum

katoved · 09-24-2006, 07:55 PM

Dear WickedFire members, I have come up with an idea today that I am certain will lift me out of the middle class ranks, and firmly implant me into the upper crust of society. Well maybe not that high, but at least into the upper low ten million dollar range.

The idea competes directly with Text-Link-Ads. I won't go into any further more details until a later date. But I assure you, that all WF members will be invited to the Beta release.

My question is for all of you (please give me your opinions):

Should I seek venture capital funding this week. I can hash out a short business plan in one day should I need to. I would like to keep the VC funding in (Chicago, IL) only. I am afraid that if I submit to VC firms out in CA, the idea might get leaked. But if its local, I think I might stand a better chance. So should I seek VC funding this week?

Sitemaker · 09-24-2006, 08:03 PM

VC funding just cause you got an idea? lolol. develop something yourself first then ask for VC funding

katoved · 09-24-2006, 08:04 PM

Shoe, Im 23 years old; yes of course I do! Well, I cant get any experience till I at least start doing business with some. By the way, can my uncle call you about disability insurance? I thought it might be a good idea for you and your family, because of the industry your in. If you go get injured or disabled, your income will disapear. If you purchase insurance, your family will always be able to enjoy the standard of living they have become accustomed to. Well, thats the way I thouhg. If so, please PM me with your phone number, so my uncle can give you a call. He has been an insurance salesman for over 20 years, he really knows how to adress your needs with the best possible insurance products. As far as VC presentations go, has anyone ever made one? I can be a great presentor and I think that might be one of my biggest things going here. Lol.

Rob_TID · 09-24-2006, 08:17 PM

VCs won't look at you until you have proved your metel by either developing this idea or having a track record.

If you do either of those, then you will come to know them as "Vulture Capitalists"

chris22 · 09-24-2006, 08:18 PM

Quote:

Originally Posted by katoved

By the way, can my uncle call you about disability insurance? I thought it might be a good idea for you and your family, because of the industry your in. If you go get injured or disabled, your income will disapear. If you purchase insurance, your family will always be able to enjoy the standard of living they have become accustomed to. Well, thats the way I thouhg. If so, please PM me with your phone number, so my uncle can give you a call. He has been an insurance salesman for over 20 years, he really knows how to adress your needs with the best possible insurance products.

hahahahaha..nice how you worked that in there.

DruSam · 09-24-2006, 08:22 PM

If you want VC funding. Make sure you put an "r" at the end. Like "textlinkadswannabeR". Then make a really fancy bullshit description for it, "aggregates links with seamless augmentational metaphysical peer to peer format in real time". Put "beta" at then end of your bright and bubbly logo.

My serious advice is to start the site right away, or do some sort of test trials to prove that the concept can work in volume.

Stanley · 09-24-2006, 08:24 PM

katoved how good is your credit?

katoved · 09-24-2006, 08:25 PM

Thanks Dru Sam, I want you to know, that when I see that fucking little video game guy, it makes your credibility level go up. He was always a very responsible little fighting super midget, I dont remember his name, but I do remember that he was a moral little fucker.

katoved · 09-24-2006, 08:25 PM

My credit is very good, but im not going to take out any loans for this idea. I want backers instead. I will sell them equity in the business.

Quote:

Originally Posted by stanley

katoved how good is your credit?

Jack Swift · 09-24-2006, 08:25 PM

Scrape together the resources to get it working on your own. Once the concept is up and running and you can demonstrate success on some level, then go to VCs to take it to the next level. I have a little experience in this area. If you believe in the idea, use credit cards, borrow money from family members and do whatever it takes to build the first level of the business. Then you might be able to get VCs to bite.

katoved · 09-24-2006, 08:26 PM

To tell you the truth, I think that without VC this idea would never get off the ground. Reason behind it, because it has VC written all over it. The concept is so fresh, and such a buzz word type internet name, the shark biting the rail might make the business that much hotter.

Quote:

Originally Posted by Jack Swift

Scrape together the resources to get it working on your own. Once the concept is up and running and you can demonstrate success on some level, then go to VCs to take it to the next level. I have a little experience in this area. If you believe in the idea, use credit cards, borrow money from family members and do whatever it takes to build the first level of the business. Then you might be able to get VCs to bite.

DruSam · 09-24-2006, 08:27 PM

Quote:

Originally Posted by katoved

Thanks Dru Sam, I want you to know, that when I see that fucking little video game guy, it makes your credibility level go up. He was always a very responsible little fighting super midget, I dont remember his name, but I do remember that he was a moral little fucker.

hahahahahah

that has to be my favorite quote this week.

his name is Mega Man

katoved · 09-24-2006, 08:28 PM

I fucking love responding to my own posts as many of you know. This is whats going to make this idea rock!

My showmanship skills in the office may really sell this thing. Im going to go in dressed like a new age Web 2.0 internet guru punk, it will go over huge in the office. Im going to be rich.

Quote:

Originally Posted by katoved

To tell you the truth, I think that without VC this idea would never get off the ground. Reason behind it, because it has VC written all over it. The concept is so fresh, and such a buzz word type internet name, the shark biting the rail might make the business that much hotter.

katoved · 09-24-2006, 08:28 PM

This is how things will work out. I will post regularly this week and let you know how the first meeting goes. I may even tape record it. I may even create a blog about it! This idea keeps getting better! Web20Blog.com

Hahahaha!!

Anyways, why wouldnt some VC who knows shit about internet start-ups. Just give me 100K to fucking start her up. I would give up 30% equity just for that.

Quote:

Originally Posted by DruSam

hahahahahah

his name is Mega Man

That was good shit huh, a fuckin truism. Thats brand marketing for yah. Pervaded my subconscience from early adolescence.

darkdrift · 09-24-2006, 08:32 PM

Quote:

Originally Posted by katoved

Dear WickedFire members, I have come up with an idea today that I am certain will lift me out of the middle class ranks, and firmly implant me into the upper crust of society. Well maybe not that high, but at least into the upper low ten million dollar range.

The idea competes directly with Text-Link-Ads. I won't go into any further more details until a later date. But I assure you, that all WF members will be invited to the Beta release.

My question is for all of you (please give me your opinions):

Should I seek venture capital funding this week. I can hash out a short business plan in one day should I need to. I would like to keep the VC funding in (Chicago, IL) only. I am afraid that if I submit to VC firms out in CA, the idea might get leaked. But if its local, I think I might stand a better chance. So should I seek VC funding this week?

From this, you odviously showed your lack of knowledge as an entrepreneur. VC is not for ideas. What you need is an Angel Investor...IM me, Ill help you out.

09-24-2006, 07:55 PM	#1 (permalink)
katoved BannerBlindness.com Join Date: Jul 2006 Location: Chicago Posts: 1,252	I NEED ADVICE FROM EVERYONE - HUGE IDEA - SHOULD I SEEK VC FUNDING Dear WickedFire members, I have come up with an idea today that I am certain will lift me out of the middle class ranks, and firmly implant me into the upper crust of society. Well maybe not that high, but at least into the upper low ten million dollar range. The idea competes directly with Text-Link-Ads. I won't go into any further more details until a later date. But I assure you, that all WF members will be invited to the Beta release. My question is for all of you (please give me your opinions): Should I seek venture capital funding this week. I can hash out a short business plan in one day should I need to. I would like to keep the VC funding in (Chicago, IL) only. I am afraid that if I submit to VC firms out in CA, the idea might get leaked. But if its local, I think I might stand a better chance. So should I seek VC funding this week? __________________ Banner Blindness - online marketing, creative writing, global control politics, prank calls. My corporate blog and forum.

09-24-2006, 08:04 PM	#3 (permalink)
katoved BannerBlindness.com Join Date: Jul 2006 Location: Chicago Posts: 1,252	Shoe, Im 23 years old; yes of course I do! Well, I cant get any experience till I at least start doing business with some. By the way, can my uncle call you about disability insurance? I thought it might be a good idea for you and your family, because of the industry your in. If you go get injured or disabled, your income will disapear. If you purchase insurance, your family will always be able to enjoy the standard of living they have become accustomed to. Well, thats the way I thouhg. If so, please PM me with your phone number, so my uncle can give you a call. He has been an insurance salesman for over 20 years, he really knows how to adress your needs with the best possible insurance products. As far as VC presentations go, has anyone ever made one? I can be a great presentor and I think that might be one of my biggest things going here. Lol. __________________ Banner Blindness - online marketing, creative writing, global control politics, prank calls. My corporate blog and forum.

09-24-2006, 08:17 PM	#4 (permalink)
Rob_TID Senior Member Join Date: Jun 2006 Posts: 1,028	VCs won't look at you until you have proved your metel by either developing this idea or having a track record. If you do either of those, then you will come to know them as "Vulture Capitalists" __________________

09-24-2006, 08:22 PM	#6 (permalink)
DruSam Join Date: Jun 2006 Posts: 2,744	If you want VC funding. Make sure you put an "r" at the end. Like "textlinkadswannabeR". Then make a really fancy bullshit description for it, "aggregates links with seamless augmentational metaphysical peer to peer format in real time". Put "beta" at then end of your bright and bubbly logo. My serious advice is to start the site right away, or do some sort of test trials to prove that the concept can work in volume. __________________ Create Gmail accounts quickly with The Mailbot. Enable forwarding and POP automatically. Proxy support.

09-24-2006, 08:24 PM	#7 (permalink)
Stanley Join Date: Jun 2006 Location: Brooklyn, NY Posts: 3,100	katoved how good is your credit? __________________ LinkedIn - Twitter

09-24-2006, 08:03 PM	#2 (permalink)
Sitemaker Banned Join Date: Jun 2006 Location: NYC Posts: 529	VC funding just cause you got an idea? lolol. develop something yourself first then ask for VC funding

09-24-2006, 08:25 PM	#8 (permalink)
katoved BannerBlindness.com Join Date: Jul 2006 Location: Chicago Posts: 1,252	Thanks Dru Sam, I want you to know, that when I see that fucking little video game guy, it makes your credibility level go up. He was always a very responsible little fighting super midget, I dont remember his name, but I do remember that he was a moral little fucker. __________________ Banner Blindness - online marketing, creative writing, global control politics, prank calls. My corporate blog and forum.

09-24-2006, 08:25 PM	#10 (permalink)
Jack Swift Senior Member Join Date: Jun 2006 Location: Austin, Texas Posts: 192	Scrape together the resources to get it working on your own. Once the concept is up and running and you can demonstrate success on some level, then go to VCs to take it to the next level. I have a little experience in this area. If you believe in the idea, use credit cards, borrow money from family members and do whatever it takes to build the first level of the business. Then you might be able to get VCs to bite.

09-24-2006, 08:34 PM	#16 (permalink)
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