ShankThatSnitch

joined 10 months ago
sorted by: new top controversial old
Had an offer for someone to invest $30,000 for a return of 5% in c/entrepreneur@indiehackers.space
[–] ShankThatSnitch@alien.top 1 points 9 months ago

That would be a $30k loan. He wants to do an equity investment. Meaning he doesn't expect the $30k to be repaid like a loan, but rather to be paid out 5% dividends of the profits, and also to be able to sell that 5% to another investor, if you guys get aquired or whatever.

A $30k loan would expect regular payments and interest.

Aside from that, there are a plethora of ways to structure deals, and that is for you two to negotiate.

Can I start an actual business at 16! in c/entrepreneur@indiehackers.space
[–] ShankThatSnitch@alien.top 1 points 10 months ago

Yes, you would just need a parent or legal Guardian to help you because of all the legal stuff with contracts, taxes...etc.

What are boomers spending their money on? in c/entrepreneur@indiehackers.space
[–] ShankThatSnitch@alien.top 1 points 10 months ago

Medical bills

How to deliver SEO results with no knowledge of SEO as fast as possible? in c/entrepreneur@indiehackers.space
[–] ShankThatSnitch@alien.top 1 points 10 months ago

Pay someone...

Or if you actually want to put effort in, it takes time to learn this stuff, just like everything else. SEO is not some side thought. It is important and should be treated as such.