GREAT ANSWER! "REAL" START-UPS ARE NOT COMMONLY "PUBLIC," WHEN STARTING AT GROUND ZERO! So it makes sense to add the entire Free World of private companies, i.e. NO TOXIC FINANCING AS A IN PENNY STOCK WORLD, which have gone public on the companies' DEMONSTRATED BUSINESS MODEL!
Let's start with...
Apple
Twitter
facebook
Amazon
And a BOATLOAD OF BIOTECHS!
THIS LIST OF NON-PENNYS GOES ON FOREVER! Just a suggestion...it would best to get a handle on the "REALITY" of new business financing before jumping into the PENNY STOCK MORASS! The penny stock thing is basically a wonderful way to ENRICH PROMOTERS or finance "special opportunities" that cannot qualify for traditional financing (in simple terms...a LOTTERY)! If the business plans are good, there are great sources of traditional private financing!
BY THE WAY...DOING A COMPREHENSIVE BUSINESS PLAN IS A LOT OF WORK! It can take weeks or months to actually develop and support the detail necessary to attract a funding source! Contrary to retail investors and the penny stock world, financiers don't just "hand over" a few million! This means detailed business plans, INCLUDING MARKET STRUCTURE and DATA SUPPORTED SHARE PROJECTIONS, A COMPREHENSIVE COMPETITIVE ANALYSIS, FIVE-YEAR INCOME/REVENUE PROJECTIONS, and so forth! If these "MINOR" details are not in place, kiss traditional financing goodbye! The alternative is to line up some stock and issue a few PR's! As long as the retail investor bites...LIFE WILL BE GOOD!
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