Category Archives: Business Model

True to the crowdsourcing spirit, anyone interested who's got something to contribute please join us

We plan to launch the site pretty soon. We still need plenty of capable hands to join the team to play a role. Anyone who’s got the skills, experience, time or any other resources, please feel free to send me a private email. I could be reached at t9493719139@gmail.com.

Currently we do have a very nice office near Fashion Island in Newport Beach that could accomodate a few more people. Other compatriots who may be located else where in the crowd could certainly collaborate with us as labor in the cloud.

Whatever your background and skills, what we need now is the enthusiasm, the drive and the commitment to work like an entrepreneurial co-founders with us. That may mean, sweat equity only to recruit talents at this stage.

We have spoken to a few angel investors and VCs privately, many would like to watch us grow. It is an emerging filed in a very nascent industry where there are no dominat leaders yet. Nonetheless everybody recognizes its potential. We may get angel-funded before we get crowd-funded along the way.

Eventually the determining factor for equity financing crowdfunding players may well be the securities industry expertise to bridge the gap between pure IT start-ups and the Wall Street industry practice. That is the niche that we have.

Open roles on our core team are on a first come first served basis. Although we have received many responses from the crowd so far, many seats are still empty!

Those of you who contacted me before, please do not hesitate to follow up and bug me again and again. Thanks.

 

 

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Inviting ideas on fine-tuning the business model as well as the participations of hands-on IT professionals

We would like to call for the first 10 core team members to form the initial management committee.
As an example of business model discussions, here below are some suggestions from Chris Tidman’s earlier comments. I would like to invite and add similar authors and contributors to this blog.
“Great idea. The shareholder’s registry would be “the list” I suppose, and it would provide members with regular updates from the start up team with videos etc. Could have several levels of shareholders/investors. There should be a payout for investors. If it succeeds and you are the lowest level of participation you should at least get your money back – no interest.
It could have a business plan registry with a $100/plan registration fee for the ones with the plans who will have some part on the board of the new business.
The online team can maintain a registry of hours/contribution/ideas for the “employees” participation, so that when the business starts to make money the company can pay off the start up costs. This should be a public ledger sot that development can be monitored by all the players.
Regular corporate rules could provide the outline for procedures and duties of the officers. Only change that I would like to see is the requirement that no shareholder own more than 1% of the business.”

Please feel free to chime in. Thanks.

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