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TomHorn
Caldari Horn and Brothers
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Posted - 2010.09.08 13:38:00 -
[1]
The Big Slick Bad Bobby ran off with all the isk, but his business model was making isk and working.
If one of the trusted MD members , who enjoy running a business and the markets rather than being a pirate like BB were to start a new Titans business or to expand there current operations to add Titans blue print copying to it would you invest.
Names
Block , Ji Sama , Akita , Ray McCormack, Grendell , Cosmoray , Proton power , Shar Tegrel ,
Above are just a few names of people who i think are trusted by the MD, im sure there are others you trust also who could be added to a list.
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flakeys
DRAMA Inc Forbidden Domain
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Posted - 2010.09.08 13:48:00 -
[2]
At least spell the names right
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SencneS
Rebellion Against Big Irreversible Dinks
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Posted - 2010.09.08 13:56:00 -
[3]
Personally.... No. For one reason. They are just not that good.. It's a huge amount of capital with very low return. Even if you spend a year researching them. They are not that great. ME0 - About 5B, ME1 About 6B, ME2 6B maybe 6.5B. At most you get the "I Win" button with an ME2 BPC as yours will always be the first to sell.
There is a problem though, Assuming ME2 BPO after lets shoot low and say 9 months research. You're looking at a 70B asset which has made you NOTHING yet. Then you turn around and sell a BPC which takes you 3 months to copy, and sell for 7B. That's 2.3B per month for just copy time, thats - 3.33% return per month. Total recovery time to even pay out the investor, 30+ months.
While the ME2 BPO is worth a lot the investment is always pretty secure in terms of collateral, upkeep is pretty light considering it requires 1 slot per BPO and you can get away with using trail accounts at that. So managing such an IPO would pretty much demand low compensation for the operation.
Lastly, While I believe BB will sell 1 set of the BPOs he has, doesn't he have 2 BPOs of every Titan? Even if he doesn't he sells 2 BPOs (Duplicates) keeps a full set of ME2 BPOs. He has 120-140B ISK in pocket, 4 ME2 Titan BPOs which he can continue to run copies off.
He is already ahead in terms of research and available ISK, starting a new fresh Titan BPC you're already WAY behind, and not to mention there is already well established Titan BPC corps out there.
Even if Chribba and Grendall themselves backed the IPO and everyone with an ounce of trust and respect all shared Board of Directors with matching Corp for lockdown in a hybrid dual share Corp system, it is an extremely POOR use of 200B+ Capital.
Trust someone who has had been in 5 Titan BPO business, there is by far more things you can do with 200B that is just as easy, just light in terms of in game time, and makes more ISK per month and bigger return, and holds their value longer and higher then Titan BPOs.
You'll be glad to rid of them once you choose to close up shop.
Amarr for Life |
Machete Visor
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Posted - 2010.09.08 14:02:00 -
[4]
Originally by: SencneS 3.33% return per month. Total recovery time to even pay out the investor, 30+ months.
it is an extremely POOR use of 200B+ Capital.
this. kind of lame ofme to say it now, but i never understood the appeal of that investment. I assumed it was only being used by those who had soooo much capital to burn they had exhausted all other potential avenues. Think my assumption was wrong though.
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Dzil
Caldari Caldari Independent Navy Reserve OWN Alliance
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Posted - 2010.09.08 14:02:00 -
[5]
The business model itself actually seemed like one of the better developments of MD. And one thing to note with the BB scam: almost half the claimed take was in ventures running alongside T4U: his bonds, his collateral holding from loans, etc.
That said, there's two problems I see with this business:
1. Someone, somewhere, gets to hold a Titan BPO during transit. Unless he first lays down significant collateral into the trustee pool, that person could instantly walk off with 63 billion isk. There are few people qualified and willing to run this kind of venture, but fewer still willing to lay out 63 billion in collateral for the "privilege" of said job.
2. The titan market just isn't what it once was. The only plus in Titan copying is that so long as your POS isn't attacked, it's really low maintenance. However, you have to be constantly vigilant as a single POS bash could set you and your shareholders back 3 months of profits. Meanwhile, the returns are like 2%ish, and that was after significant investment in ME on the BPOs.
Just my 2 pence.
Retired from corp sales. Time to spend some of this on pretty explosions :) |
SetrakDark
Northstar Cabal R.A.G.E
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Posted - 2010.09.08 14:03:00 -
[6]
send yor isk too me. i make your titans for you and make great profits.
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Krythas
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Posted - 2010.09.08 14:59:00 -
[7]
Originally by: SetrakDark send yor isk too me. i make your titans for you and make great profits.
All we need is some rawcola here and this will be a viable bznz
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Akita T
Caldari Caldari Navy Volunteer Task Force
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Posted - 2010.09.08 15:09:00 -
[8]
My personal policy : if it needs to be out of highsec, keep hands out of it. So the only even remotely interesting thing would be supercap BPC making... but even that doesn't sound too good. Long story short, I'm not touching any of that. _
Beginner's ISK making guide | Manufacturer's helper | All about reacting _
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Shinde Kudasai
Mercurial Freight
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Posted - 2010.09.08 15:27:00 -
[9]
So...wait. A trusted name scammed a titan BPC business, "protected" by lockdown votes from 4 other trusted names...and the reply is "But what if we got a TRUSTED name to run it?"
Mercurial Freight - get it hauled!
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Nathan Jameson
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Posted - 2010.09.08 15:49:00 -
[10]
Originally by: TomHorn The Big Slick Bad Bobby ran off with all the isk, but his business model was making isk and working.
What? Seriously?
BB probably paid his dividends using a small amount of the investment capital. Then, after hooking as many investors as he could, he walked off.
Do we even have any empirical data that he bought Titan BPOs with that money?
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SencneS
Rebellion Against Big Irreversible Dinks
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Posted - 2010.09.08 16:01:00 -
[11]
Originally by: Nathan Jameson Do we even have any empirical data that he bought Titan BPOs with that money?
Yes, we do.
Amarr for Life |
Thrasymachus TheSophist
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Posted - 2010.09.08 16:12:00 -
[12]
Originally by: Shinde Kudasai So...wait. A trusted name scammed a titan BPC business, "protected" by lockdown votes from 4 other trusted names...and the reply is "But what if we got a TRUSTED name to run it?"
It is incredible, is it not?
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Dariah Stardweller
Gallente Gung-Ho
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Posted - 2010.09.08 16:23:00 -
[13]
Originally by: Thrasymachus TheSophist
Originally by: Shinde Kudasai So...wait. A trusted name scammed a titan BPC business, "protected" by lockdown votes from 4 other trusted names...and the reply is "But what if we got a TRUSTED name to run it?"
It is incredible, is it not?
Mind boggling. I don't see myself as the paranoid type really but I just don't believe in these investments based on 'trust and reputation' alone. Inappropriate signature removed. Zymurgist |
Lucyna
Minmatar Interstellar Killer Bee Enterprises
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Posted - 2010.09.08 16:35:00 -
[14]
Everyone in eve is seeking the risk free return, something like RL US Treasuries. I'd be surprised if, say Chribba wanted to start T4U part 2, people didn't throw tons and tons of money at him. _________ Eve - for when I'm not playing minecraft ;) |
Grozen
Caldari Titan Core
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Posted - 2010.09.08 16:48:00 -
[15]
To start this kind of thing you need to have 1trillion atleast and have 15-20bpos.Then the return might suffice.If you have 1trillion and add another 600-700m investor cash then it could be worth. knowledge is power |
Xeoniya
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Posted - 2010.09.08 16:52:00 -
[16]
Would a cluster of Capital part builders work? 5-10 smaller players each specialized in a small set (1 to 3 types each) of cap parts and several other players attracted by those players to make all cap ships. Could work almost as like a Silicon Valley type set up. Would have an advantage of diversified risk and at the same time would attract larger shipments of minerals. In time competitors for each cap part might set themselves up.
Just a thought, not sure if it would be practical.
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Ash Donai
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Posted - 2010.09.08 16:54:00 -
[17]
I am 100% certain that you will find investors into a new Titan BPO venture/scam.
Having said that, even BB pointed out that the venture wasn't nearly as profitable as expected. He had projected 20B per copy (just LOL) when in reality copies sell for a lot less than that on the open market. If you keep an eye on it you will see copies in the 5-8B range and sales are slow since there is a lot less demand for Titans these days due to exactly what BB wrote.
Whether the demand will pick up is uncertain at best. If anything a SC IPO would be more likely to financially succeed since EVE's upper middle class is basically there to buy the ships and fly them. |
Grozen
Caldari Titan Core
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Posted - 2010.09.08 18:56:00 -
[18]
Well if lag ever get fixed then i'm sure titan bpos would sell like hot bread, but who knows knowledge is power |
Ash Donai
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Posted - 2010.09.08 19:03:00 -
[19]
Originally by: Grozen Well if lag ever get fixed then i'm sure titan bpos would sell like hot bread, but who knows
It's not just lag, it's a number of issues one of the most important ones being that you need sov to build a titan and sov "invulnerability" is gone. There is substantial risk involved in producing a Titan as alliances fall/fail all the time and even if they don't then there is still the issue that small band of hooligans on holiday can pretty much at will reinforce a CSAA POS. Those entities which are well established, entrenched, and who are willing and able to defend their CSAA are unlikely to have a need for a BPC since they own the BPO(s) already and make their own copies. |
Gnarls Baker
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Posted - 2010.09.08 20:36:00 -
[20]
Originally by: TomHorn The Big Slick Bad Bobby ran off with all the isk, but his business model was making isk and working.
If one of the trusted MD members , who enjoy running a business and the markets rather than being a pirate like BB were to start a new Titans business or to expand there current operations to add Titans blue print copying to it would you invest.
Names
Block , Ji Sama , Akita , Ray McCormack, Grendell , Cosmoray , Proton power , Shar Tegrel ,
Above are just a few names of people who i think are trusted by the MD, im sure there are others you trust also who could be added to a list.
Too Soon man.
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Varo Jan
Caravanserai Consulting
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Posted - 2010.09.08 21:13:00 -
[21]
Originally by: TomHorn The Big Slick Bad Bobby ran off with all the isk, but his business model was making isk and working.
Barrow Boy ran off with the dosh because he failed at running the business. The scam was making you believe he planned to run off the dosh.
Could a Titans copying business work? Sure, but not the way that prat did it.
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Rakshasa Taisab
Caldari Sane Industries Inc. Initiative Mercenaries
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Posted - 2010.09.08 21:41:00 -
[22]
I hear losing all your invested capital means you made huge profits on paper.
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F90OEX
F9X WE FORM VOLTRON
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Posted - 2010.09.08 22:07:00 -
[23]
Originally by: Grozen To start this kind of thing you need to have 1trillion atleast and have 15-20bpos.Then the return might suffice.If you have 1trillion and add another 600-700m investor cash then it could be worth.
That's the easy part, question is ... is it worth it the time and effort, how stable will it be for the next 24months and more important at what point will you starting seeing a profit.
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