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VikingInvest

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VikingInvest

Re: Poor Man - post# 317746

Wednesday, 10/14/2020 12:02:51 PM

Wednesday, October 14, 2020 12:02:51 PM

Post# of 699204
When I was running an online gaming company, we entered into a partnership with a competitor that needed funding. We got 10% interest on our investment as well as a small equity share in the company. This was around 2006, when the economy was booming and there was plenty of cash floating around. The risky nature of a business makes it harder to obtain financing at decent rates. Biopharma and Gaming are not the safest industries to invest in.
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