Another deal: Moreover sold

Moreover, the news feed company founded by Nick Denton, David Galbraith, and Angus Bankes — where I sat on the board — has been sold to Verisign. Rafat has the story — and, I’m sure, he’s pissed I couldn’t comment when he almost had the scoop a few weeks ago.

  • An unconventional IPO

    If this hasn’t happened to you, then chances are you know someone that it has. I had an idea for a business (yeah…who hasn’t), but like countless others before me, I don’t possess the capital to bring it to fruition.

    Sure, I have tried the Venture Capital route, but you can always tell when you have a great idea because they always want controlling interest in your venture. So, like millions of other entrepreneurs before me, we sit on a great idea with nowhere to go with it unless you are willing to let someone else own your dreams. This brings me to this unconventional IPO. IPOs as we know them are a company’s first sale of stock to the public. Securities offered in an IPO are often, but not always, those of young, small companies seeking outside equity capital and a public market for their stock. Investors purchasing stock in IPOs generally must be prepared to accept very large risks for the possibility of large gains. IPO’s by investment companies (closed end funds) usually contain underwriting fees which represent a load to buyers. I am offering an IPO for my start-up company which doesn’t offer stocks shares, but rather gives a return on the investment according to how much the investment is. Every investment carries its normal risks, but I am offering investors the opportunity to get returns up to five times (5) the amount of their initial investment.

    Here is the investment outline. First, we would start with an interest level discussion between the potential investor and me, followed by the signing of a Non-Disclosure Agreement document, the business plan review, and a litany of legal documents including a financial prospectus, a contract between said investor and the company, and any other documents to protect said investors and the company. The business model process is under patent-pending status to protect the company and its investors from infringement. The company is a technology start-up, but not a dot com company. Serious investors please apply. I can be reached at: [email protected]