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occams_razor

04/04/05 2:06 PM

#4017 RE: Ken Scordo #4014

I don't understand, I thought Matt said the site was fully funded and that people were throwing money at you that you wouldn't take.

Do you have a compliance officer? Is it even legal to offer shares of a private company over the internet ala Rule 17b. Do you need to determine accredited investor status?

Also, ebay has been getting a lot of attention with goofy auctions lately like the guy that sold space on his forehead for advertising and the grilled cheese sandwich with the image of the Virgin Mary. Maybe that's not something you want to glom onto right now.

Not trying to start anything Ken, but this continuing discussion of selling a partial interest has most people puzzled.
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Mattu

04/04/05 2:06 PM

#4018 RE: Ken Scordo #4014

There's a fine line there between drawing attention and being silly....and making sure you're drawing the RIGHT kind of attention from the RIGHT people.

You've always got to think about who you are and what you're trying to accomplish.

We're not selling beer or cigarettes, that's simply funny or cute to the masses because it has hot chicks drinking it or smoking it. That's where the 'off the wall attention' angle works.

At the end of the day, you've got to be professional and have client's trust if you're a brokerage firm. That's where the money's coming from -- your underlying client base that's a group of hardcore/serious traders, not the general public. You need to appeal to 'them.'

I'm not so sure I'd fork over my hard-earned money to a brokerage firm that was sorta-kinda-maybe auctioning off a 5% equity stake on eBay 'just for attention.'

Looks flakey.

I think we've already got some top-notch marketing ideas in the plan. We simply have to get up and going and execute on each one of them (obviously, I'm pushing on getting us up.. ;) )

Let's focus on delivering an excellent product that the online trader needs/wants. Few excellent marketing pushes and bada bing bada boom, you've got your moola.




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Lownumba

04/04/05 2:25 PM

#4021 RE: Ken Scordo #4014

Okay, thanks, Ken. We could end up partners! That's exciting.
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husker

04/04/05 6:45 PM

#4053 RE: Ken Scordo #4014

so what is 5% going to cost me?