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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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11700254 No.11700254 [Reply] [Original]

TL;DR: Made a startup based on risk-analysis software. It is not crypto-related, so please don't ask for stock advice. 32.4 million euro in total assets (liquid + passive assets).

If you don't know who I am. >>>11676876

Read that thread.
Ask any questions you like. Confirm I am the previous OP by emailing raidcrate@protonmail.com

I will not be: helping you with your business in any capital way. I will not take any positions in any sort of business big or small. We're not hiring. I'm simply bored, and it's late.

If you're in the process of starting up, or have questions regarding your personal finance. Send an e-mail or ask here, and I'll do my best to give you advice.

This will be the last of these threads I make for a while, though I got a few requests to make another. So here it is.

>> No.11700260

>>11700254
Hey Madeanon good to see you again. Following up from last time, do you have any task I could work on for you (can do in advance of payment)

>> No.11700276

>>11700260
As I wrote, no. But feel free to send over your CV, and I'll put you in the pile for consideration in the next hiring round based on your skills.

>> No.11700430

>>11700260
Do you keep an eye out for these threads btw? You post surprisingly fast.

>> No.11700449

How to start up?

>> No.11700458

>>11700449
Read books. Get capital. Make it.

>> No.11700471

>>11700254
How do I become as massive of a faggot as you, OP?

>> No.11700475

>>11700430
I suspect he/she is just on /biz/ all the time
>>11700458
which topics?
Did you really start everything on your own or did you hire people right off the bat?
At what point do you scale?

>> No.11700476

>>11700458
essential reading?

>> No.11700510

I want to start a company for blockchain supply chain management/enterprise smart contract use. I've been learning Golang, Soldity, Hyperledger, etc... How the fuck do I get the capital to quit wagecucking so I can work on this shit full time?

>> No.11700512

>>11700475
I started it with a college friend who was interested in the same topics I was.

>>11700476

This is an answer for both of you regarding topics/essential reading: Greek philosophy (Plato in particular) is good. Guns, Germs and Steel is excellent.

More concrete books on how I made my fortune are on actuary sciences. I can't get too much into my business, but we have some systems that has to do with risk that we license to other countries throughout Europe and (S)EA.

>> No.11700513

Well-read, well-spoken, intelligent, handsome, charismatic.

What business do you grow, today, with the above skills?

>> No.11700524

>>11700510
Well do you have any skills or PoC that give business incubators/venture capitalists any confidence in you vs. any other guy on the street?

>> No.11700536

>>11700513
A field we badly need people in for a new project of ours is linguistics. If you have not gone to college yet, and is considering what to study. Get a masters in linguistics.

>> No.11700538

>>11700524
That's the thing even if I had a github full of shit how the hell do I find and approach these people?

>> No.11700566

>>11700512
thanks
how’d you split equity?
it seems to be a tough topic

>> No.11700582

>>11700538
Networking, buddy. I know it's a buzzword. But I met the right people, and once you get to know one, it's like dominos. You get past more and more obstacles. And then before you know it, you have a network to pull on for whatever tasks you need done.

IIRC in the beginning I had:

Moderate VCs willing to give me an interest free line-of-credit for any expenses we needed (these were loans).

A lawyer, working for very little, because I was able to help him with technology (improving his website).

I had a similar arrangement with my auditor, I improved his website (and even got a couple of backlinks), and we settled on his services for my services.

Trading skills for otherwise high-cost services is a great way to get started. Now, obviously, we have internal lawyers on monthly salaries.

>> No.11700597

I’m sorry but a multi millionaire doesn’t post on pol out of bordeom.

Now you have offered your protonmail email , yeah...not buying it.

>> No.11700606

>>11700597
Lol exactly, I thought he was a LARP first post, but this 100% confirms it

Sage

>> No.11700771

>>11700566
10% VC
51% Me
39% College friend

Then we diluted ourselves for Series A funding.

>> No.11700785

>>11700606
>>11700597
look how many people are buying it too

/biz/ more retarded than i thought

>> No.11700811

>>11700771
how’d you come to agree on the allocation? What’s the basis?

>> No.11701037

>>11700811
We presented the software, the capabilities, the public market data on existing services. Had an auditor price our software, added 20% goodwill, and put a roof on how many shares they could buy. That's how the investor got 10%.

I got 51% because I started the company, had the connections, and got the idea.

College friend got 39% because he helped immensely with the codebase and mathematics.

The shares are allocated entirely different now.

>> No.11701075

Since this is clearly a LARP. I'm not answering anymore questions for tonight. Sorry lads. Email me if it's important.

>> No.11701088
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11701088

P.S: If you are good at actuary (insurance) sciences, or general statistics/game theory. Then do shoot me your resume/skills at raidcrate@protonmail.com

We have a position waiting for you.

>> No.11702000

I'm working in a startup as well. Just curious, how did you manage your community - if even? I'm talking both the business and user end here. And wondering how you went about building the connections and getting some brand recognition

>> No.11702055

Man kill yourself for making these threads, allegedly you made it, but you're not really interested in helping the world too much, you just like to collect faggy ass statues of naked men and study greek philosophy, what are you going to tell me next? You like raping little boys? You have really no valurable information to offer this thread, so fuck right off.

>> No.11702390

>>11700512
Opinions on The Enneads?

>> No.11702419

>>11700260
>>11700475
Lol, real Favelanon here, why do you pretended to be me, anon?

>> No.11702425

>>11700471
Has bump

>> No.11702581

>>11702419
You're basically a tripfag why not just do it for real holy fuck

>> No.11702703

>>11702581
What you mean?

>> No.11702921

>>11702703
Set a trip code

>> No.11703223
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11703223

>>11700254
OP.. even as a fan of Breker I would cringe at the divergences to the original. Also better make it full size:
https://my.mixtape.moe/pzwogl.webm ;)

Question:
How to invest 2 million Eurobucks? I'm like 100% cash since the beginning of the year.
Real estate here seems expensive as fuck, same as stocks and with incresing rates all assets will get fucket and lots of Eurocompanies implode (especially in Germoney). On the other hand ECB will probably inflate faster than the stuff will depreciate. US short term debt already yields 3% and some good companies have dividend yield in the range of 4-6%. What do? I also plan on launching a startup, but only plan on putting ~75-100k€ each together with my Co-founder but it looks like we will need more investors so we are going to get some business angels from the area.

t. Berlin-based low-tier Cryptollionaire

>> No.11703265
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11703265

>>11700254
Or maybe were you crazy enough to have the chinaman insert your own face into the sculpture??
Looks nothing like Brekers.

>> No.11703473

>>11701037
nice, thanks