What Would You Do With 1,000,000 USD

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Doug

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Jun 27, 2006
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If you had 1 million Dollars given to you from a venture capital fund to support a web project, weather it was new or old.

What would you do with the Funds ?
  1. The payments would be broken down over a period of 3 years xxx,xxx every 6 months based on performance in your business plan and forecast.
  2. Would you give give a % of you business up to the VC company ?
  3. How would you expand the project you are working on ?
  4. How would you handle the money ? Would you Hire a accountant ?
  5. What would be your game plan ?
Please takesome time before replying to this post, and think about if you had the funds how you would handle them.
Doug
 


Doug said:
[*]Would you give give a % of you business up to the VC company ?
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I don't think you would have much of a choice on this one. If they are giving you $1M, they are going to expect a % share of the business. Especially because this sounds like a new venture.
 
Blow it all on hookers, drugs, and gambling. Then live homeless. Then write a book about how i used to have the big life. Then get on Oprah. Oprah reccomends it on her book club, and....

Many millions my friend... $_$
 
DruSam said:
Blow it all on hookers, drugs, and gambling. Then live homeless. Then write a book about how i used to have the big life. Then get on Oprah. Oprah reccomends it on her book club, and....

Many millions my friend... $_$
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Remember to add a chapter to tha book about STDs:D
 
Doug said:
Remember to add a chapter to tha book about STDs:D
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You're right, that way Oprah will see the educational value in my book! Brilliant!
 
New or Old Venture

theNOTO said:
I don't think you would have much of a choice on this one. If they are giving you $1M, they are going to expect a % share of the business. Especially because this sounds like a new venture.
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Could Old Venture ? Why not Could be candle shop in the White mountains with a presents on the internet.
Good product Just needs help getting out there there.

Also funds could be used to expand the business to fill orders ?

Could be a person or a group of persons with some ideas for a new soft ?
 
Well, I'd buy you a fur coat
(But not a real fur coat that's cruel)

{NOTE: I actually can't stand this song...}

Make more money.

Then I'd start up a video game development company and some arcades.
 
Samir says...

You know what I would do if I had a million dollars? I would invest half of it in low risk mutual funds and take the other half over to my friend Asadulah who works in securities...
 
Let's be honest... $1,000,000 isn't really worth shit these days. Everybody gets so excited about making a million, but in the U.S., it definitely isn't worth what it used to be. I say go to vegas and have fun. Then get back to work.
 
For me, being 15, it'd be a helluva lot, so i'd probly just put it in the bank, maybe invest $50,000 in my websites.
 
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