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Shadarle
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Posted - 2008.01.05 17:17:00 -
[1]
Edited by: Shadarle on 05/01/2008 17:18:21 The idea that people should only invest in secured IPO's is ludicrous.
Running secured IPO is worth almost nothing in terms of trust, especially when it's only 1 billion or 2 billion isk. You don't have to trust someone at all if their IPO is secured.
The choice between 6-10% secured and 11-20% unsecured is false. Nobody with a brain will pay more than 5-6% in the future on a secured IPO. At least not a decent sized IPO. 5-6% isn't worth my time. I can get that through about 10 different passive methods without having to trust anyone else. >7% is what I care about, and nobody is going to offer that on a large IPO that is secured, unless they are missing some brain cells.
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Shadarle
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Posted - 2008.01.06 18:23:00 -
[2]
SiJira, you seem to be in a fantasy world. You seem to think everyone has a way of putting up collateral or that they have rich friends. This discounts a large majority of the most successful IPO's we've seen in the history of MD.
The best IPO's have been unsecured.
What makes IPO's useful, exciting, fun, worth doing is that they are gambles. You are judging the person's character to decide if they are trustworthy. You are then judging if the person is competent. Finally, if the person meets both of those you judge if their plan is plausible. But the person is the most important factor.
Suggesting that someone supports scamming if they disagree with you is absurd. It only hurts your cause. You remind me of another poster that has been absent as of late from these forums. Absent about as long as you've been here. I'll not name names, but I'm sure a few other people here may have a name popping into their head.
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Shadarle
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Posted - 2008.01.07 02:06:00 -
[3]
Originally by: SiJira Edited by: SiJira on 07/01/2008 02:02:00 Edited by: SiJira on 07/01/2008 02:01:28
Originally by: Daeva Vios Even some of the aforementioned tools have been used successfully by scammers in the past, and more tools would only make it easier.
a link for those that do have collateral to show them where to put it for security would help scammers?
A link where? People don't read the stickied stuff anyhow.
As soon as they post their IPO/Bond people will ask if they have security if people think they need it thus it will be handled then. This is how it works now and it works just fine.
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Shadarle
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Posted - 2008.01.07 02:10:00 -
[4]
Originally by: SiJira
Originally by: Shadarle
Originally by: SiJira Edited by: SiJira on 07/01/2008 02:02:00 Edited by: SiJira on 07/01/2008 02:01:28
Originally by: Daeva Vios Even some of the aforementioned tools have been used successfully by scammers in the past, and more tools would only make it easier.
a link for those that do have collateral to show them where to put it for security would help scammers?
A link where? People don't read the stickied stuff anyhow.
As soon as they post their IPO/Bond people will ask if they have security if people think they need it thus it will be handled then. This is how it works now and it works just fine.
lets make it work better because i havent noticed any changes regarding people sending isk as soon as they can unless the op strictly states that its just a discussion
And the problem with this is? If people send money that is their own concern. If they treat their money in this manner why do you care if they get burned?
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Shadarle
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Posted - 2008.01.07 02:43:00 -
[5]
Edited by: Shadarle on 07/01/2008 02:43:39
Originally by: SiJira Edited by: SiJira on 07/01/2008 02:23:13
Originally by: Shadarle If people send money that is their own concern. If they treat their money in this manner why do you care if they get burned?
if its made easier to find secure investments because people have an easier time finding how to secure them then there is more isk in the general market community
You seem unable to understand the reason this is not going to work in the long run. People keep saying it, yet you ignore it. If people have collateral they can use to secure an IPO/Bond then they could just get a loan instead. The reason most people start IPO's is because they do not have collateral to use to get a loan or because they want to do it for the challenge of it. The final group is people who have a good plan but need a financier and find someone to back their plan. In this case they have no need to launch an IPO as they could just use this person's money and pay them a monthly or weekly fee.
Basically, a secured IPO is usually a very silly thing. The only reason for them is because the banks currently either charge too much for loans or because Ricdic acts as a private bank and secures the IPO through C-R-A thus hurting E-Bank and the other banks.
I personally think there should be less secured IPO's, not more.
Originally by: SiJira
Quote: You remind me of another poster that has been absent as of late from these forums. Absent about as long as you've been here. I'll not name names, but I'm sure a few other people here may have a name popping into their head.
can you explain this quote
Yes, I can.
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Shadarle
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Posted - 2008.01.07 02:46:00 -
[6]
Originally by: Ricdic I remember a person who once said "If you don't disclose shareholder names you are a scammer/poor business manager."
This is what I remembered as well 
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Shadarle
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Posted - 2008.01.07 02:55:00 -
[7]
Edited by: Shadarle on 07/01/2008 02:55:20
Originally by: SiJira
Originally by: Ricdic Are we all scammers?
no but some of you have said before how you cant secure every ipo - your name can if you trust the people offering them
We don't want to! I am not putting my name behind anyone, especially not my money. If I want to put my money behind them I will buy out their entire IPO/Bond. If I am not willing to do that, then I may buy a few shares... but there is no way I will back their entire IPO and then let others take advantage of my risk.
You are looking at this from the perspective of a person who wants 100% secure investments to put his money in without having to do any work yourself. From the perspective of a person who might be doing all the hard work for you I can tell you that I am not even remotely interested in providing you a risk free investment and taking all the risk myself.
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Shadarle
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Posted - 2008.01.07 03:11:00 -
[8]
Originally by: SiJira answer my other question
Oh, did you have another question?
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