On Mar 22, 10:51 am, "shr...@[EMAIL PROTECTED]
" <shr...@[EMAIL PROTECTED]
>
wrote:
>
> Perhaps I should be looking at 1M in a private stock offering,
> rather than public.
Indeed you should. A public offering will generally COST you north
of $1 million.
> Can't i reserve a certain percentage of the company with a public
> issue? I mean, Can I take a quarter, sell it for first round
> financing, sell the second quarter at an increased price for second
> round, then split and IPO issueing the third quarter publicly?
Conceptually, you can. In practice, however, the numbers are vastly
different from what you have in mind. In the first round, you
generally place far less than 25% of all shares.
> I've read a few IPO/DPO books, and what I got out of them is that
> this stuff is basically all contractual.
Yes, but the key is to talk the investors into agreeing to those
"contractuals"... :)
> > > I would like to have many small investors
>
> > Big mistake. The more investors you have, the greater the chance
> > that one of them will tie you up in a lawsuit for the rest of your
> > life.
>
> Hmm, I hadn't considered that. So spreading the wealth is actually
> counter -productive because it increases exposure to litigation. That
> sucks. Would you happen to have any examples?
None that I would care to discuss due to NDAs and the work-product
rule.
> I was inspired by a food product company putting tombstones in
> their packaging a while ago.
Tombstone, by definition, is a notice of COMPLETED securities
offering,
so it does not help you market your offering...
> I've always had a weak spot for grass-roots movements.
Then you should consider starting an NGO rather than a business.
> > Managing a high-growth organization is a very specific skillset...
>
> Could you refer me to a few examples that might be a good subject of
> study? I guess I need to stop reading the "Howto" books and start
> researching specific organizations to model this thing after.
Take a look at "Blueprint to a Billion" by David G. Thomson:
http://www.amazon.com/gp/product/0471747475?tag=myvirtualdisplay-20
Cheers,
NC
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