Entropia Holdings - Official Thread

[Xen]

Originally Posted by Turnsleft

If ur making $10k-40k a month why would u need other peoples money? Something doesn't add up here. As a business man surely u would b quick to realise potential and go it alone. For that reason sorry but Im out

GL anyways and a free bump

The best and most common way to make money is... inheritance.

The next best way is to use other people's money.

[Lavawalker]

MMABigshow,

Another way to go about tackling this senario is forward investment into one LA, of which then you can have the community buy into.

From this point, dividends to start with go into kitty for further investments along with being able to attract more investors into your fund concept greater than the value of the initial investment.

You do not have to go too far here on EF to find those willing to help you with staging events and to help in managing the LA itself with Fertiliser and what-not.

Just something to consider, if such an initial investment outlay is not plausable for you at this time, that is understandable (~ 35k USD in most mid sized LAs in a respectable location)

Take Care,
Sparkz

[Badger]

Originally Posted by Lavawalker

Start to get on the dramatic side of things here Badger,

Yes there are some whacko's in this world, but generally you will find most people here on EF are nice enough people.

Jason has a concept to put forward to the community at large,
I think running fight events he knows the sort of whacko people that can be found out there and already having a a successfully operating fights event business, I highly doubt at this point he is one of your every day scammers

With that being said, please allow him to demonstrate what he has to offer rather than critics and other putting things are the completely whacko end of the scale the whole time

~ Sparkz

I'm behind him, I've already PM'd him about investing etc. Just want him to be aware of what can happen however 'whaco' it is.

[Shew]

Originally Posted by Turnsleft

If ur making $10k-40k a month why would u need other peoples money? Something doesn't add up here. As a business man surely u would b quick to realise potential and go it alone. For that reason sorry but Im out

GL anyways and a free bump

Smart business is to never put one's own income at risk, that would be the same as anyone putting their own income on the line. Not good business sense.

Wise investing uses $ of many people so investment of each is small, but the amounts combined can be great. It's called leverage.

[Shew]

@ mmabigshow,

something to think about to show that this is serious and can be more reliable than the other funds out there.

Problem with the way the current funds are if the owner of the avatar decides to take the $ and run, there is nothing anyone legally can do about it.

I've thought it would be great for someone to set a fund up and set up a LLC and have the LLC own the avatar.

When anyone decides to buy into the fund, they then could be purchasing a legal share of the LLC.

This protects the investors as well as the fund manager. And, it provides legitamacy to the fund unlike that of the other funds.

I'd be interested in the fund. The fund that was run by Avalon actually did quite good in the short time that it ran. I had a better return on the virtual shares than I have wirh IRL investments.

I would just like to see more safegaurds in place since although it's PEDs, those PEDs are still worth real money.

I would certainly buy into part of a LLC fund. Check Nevada, they have good rates on setting up a LLC.

[Lavawalker]

Originally Posted by Shew

@ mmabigshow,

something to think about to show that this is serious and can be more reliable than the other funds out there.

Problem with the way the current funds are if the owner of the avatar decides to take the $ and run, there is nothing anyone legally can do about it.

I've thought it would be great for someone to set a fund up and set up a LLC and have the LLC own the avatar.

When anyone decides to buy into the fund, they then could be purchasing a legal share of the LLC.

This protects the investors as well as the fund manager. And, it provides legitamacy to the fund unlike that of the other funds.

I'd be interested in the fund. The fund that was run by Avalon actually did quite good in the short time that it ran. I had a better return on the virtual shares than I have wirh IRL investments.

I would just like to see more safegaurds in place since although it's PEDs, those PEDs are still worth real money.

I would certainly buy into part of a LLC fund. Check Nevada, they have good rates on setting up a LLC.

Fantastic idea.

Also consult with Marco/Frank @ MindArk when considering the processes involved for doing this. Both can be PMd on this board.

+rep

~ Sparkz

[Badger]

Originally Posted by Lavawalker

Fantastic idea.

Also consult with Marco/Frank @ MindArk when considering the processes involved for doing this. Both can be PMd on this board.

+rep

~ Sparkz

Agreed, I think it would inspire a lot more confidence in the legitimacy of the venture if people knew they were buying shares in a real LLC rather than just handing over PEDS to a guy.

+ rep for the idea

[Ozi]

I'd be interested to hear more about this fund, please count me in on sending out details.

Shoot me a PM if you'd like to have a chat, I may have some other ideas to help you get started. I have looked seriously at setting up something like this as an RL company but simply have too many RL business commitments atm. To make this really work I'd suggest thinking a bit bigger than just buying some ingame assets.

[Dr.D.C.]

i think each new idea is always a good idea!
of course man u must really found a method to prove that you will not scam anybodies..... i mean a legal one!

to reply to some comments in this thread..... i think it s really easy make money in EU, some people did. what they have in common? just one thing: a huge wallet . You wanna make money in EU? invest a lot of money. There is no sweat, global, hof aht etcetc way. So man if you wanna start this business be sure that u have sufficient partners to invest a huge amount of ped in game... or just avoid it.

[Deathifier]

Originally Posted by Dr.D.C.

i think each new idea is always a good idea!

New Idea? Hardly, seen it before dozens of times and only seen one which actually worked.

Still many unknowns for mr mmabigshow to handle, here's some questions potential investors would like answers to:

Being new to Entropia is a major disadvantage - Entropia has its own quirks from a business perspective and those cannot be easily taught.

You plan to make up for this by having a "group voice" from the investors.
However if you have browsed any one of the numerous "request for suggestion" threads from land owners, you will see that all you are going to do is wind up with dozens (if not hundreds) of options and opinions, and you still have to be able to identify which ones are actually good.

There is nothing in there about return on investment.
Why should I put money into the fund, what am I going to get out of it?
What makes an investment in Entropia superior to an investment in the real world?
There's a LOT more risk in Entropia, esp. with these fund arragements, the returns need to match.

There is little in there about how the investment would actually work.
Buying land areas and future stuff is wonderful, except LA prices have been mostly flat for months, LA income is typically negligible, and the most recent "new stuff" - the malls and banks - are hardly roaring success stories.

You also have whole new planets on the horizon, and a whole new aspect of the game (space) coming along.
These are going to be highly disruptive, how do you plan on navigating those without a detailed knowledge of Entropia?

You seem to be generating a fairly nice income stream in the real world, why don't you save for a few months and take the plunge with your own money to start with?

The Entropian community will be more than happy to bombard you with ideas even if they aren't investing, and if you believe strongly in your ability then you should have no qualms about putting your own money on the line - just like I did, just like Neverdie did, just like many other land owners, mall owners, and bank owners did.

Bye,
Deathifier