Woes of Finding Start up Funding

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Woes of Finding Start up Funding

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Jahsco

posts: 13

Jan 20, 2008 9:02 PM ET Quote Report Abuse

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Hi Robin,
I posted about Fundraiser 1.0 about a week ago, asking if anyone had used them before. I never got any feedback and now you mention them!
How does it work and what has been your experience? I sent you an email if you want to respond to my personal email.
Thanks

ssrrss

posts: 1

Dec 19, 2008 9:20 AM ET Quote Report Abuse

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Robert J,

I am seeking seed capital. Am based in India.

After spending 15yrs as salesman for crticial care respirators in the Indian market I am since 5yrs promoting the same as indepnedent cosultant. Now I want to set up a marketing organisation adding more products.

I see that there are many Angel Investors group and funding agencies abroad/mostly in USA, etc difficult for me to access.

I am finding it difficult to raise fund from all available sources like banks as I do have any securities like assetts for busines loans. My idea is great, welcomed much, having wide scopes/profits but they all need guarantors or securities.

What are yor advises for me to get the fund of US$ 150,000/= ?

Thank you

FastVentures

posts: 306

Dec 19, 2008 10:54 AM ET Quote Report Abuse

Points: 0 Vote

Just a little side note on Fundraiser 1.0.

Neither Bedezzzinn, nor their Fundraiser 1.0 program is SEC approved or accredited.

The link on the company’s website is absolutely misleading as it misinterprets the nature of the company’s filing with the SEC. According to the SEC filing itself, the nature of the filing is REGDEX, which stands for REG=Regulation, D, EX=Exemption, which indicates that they just sold a bunch of securities and filed the required Form D with the SEC.

Anyone can do this.

As far as the fitness of their Fundraiser 1.0 program for raising start-up funding is concerned, you can get as well get a second job in a mattress store, because you are essentially required to sell products to earn a commission.

Clear now?

Mark

-------------------------

Jackson Steiner
http://www.JacksonSteiner.com

Advanced Document Design for entrepreneurs, intermediaries, and the financial services industry.
http://www.Publications.FastVentures.com

robertj

posts: 1458

Dec 19, 2008 11:25 AM ET Quote Report Abuse

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ssrrss,

Accessing US capital will be highly problematic because:

1. The amount you are seeking is well below the norm for all institutional sources.
2. Angels and angel groups like to invest "close to home" (say within a 2 hour drive)

3. Private investors may not have the comfort level to invest in a foreign situation.

I think your best bet is finding support in your country. Although I`m not well versed in the nuances of acquiring capital there, I`d suggest the basics:

1 Develop a solid business plan

2 Assemble a team around you - as appropriate

3. Build your constituency

Hope this helps.

-------------------------

Business Growth Masters, LLC -
Capital Catalysts for Entrepreneurs
Home of the Scalable Business Plan and QuikStart Capital Programs
http://www.bizgrowthmasters.com
info@bizgrowthmasters.com

mrpaulthomas123

posts: 8

Jan 18, 2009 11:06 AM ET Quote Report Abuse

Points: 0 Vote

Am Mr. Paul Thomas, a London base business man and an Investor. Am presently looking for a good business idea to invest on before coming in contact with yours so I will like to know more about your business and what percentage of interest can you offer if I do consider investing in your business.

You can email me or Fax.

Mr. Paul Thomas

154 Deptford High Street
Deptford, London
SE8 3NU
United Kingdom

Call: +44 (0) 7024080980

Fax:+44 (0) 8704909305

Mr_paulthomas@yahoo.co.uk

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