Quote:
Originally Posted by kkrell
......
Sorry, I would never have run or expanded my own business in this way. I don't see why if the prospects are so good (especially with the distribution deal) then why not a business loan or line of credit against inventory and receivables, and possibly the assets of the owners? You know, like most businesses? If any vendors want to help float some inventory, too, then that would be wonderful. Otherwise, it strikes me that they are woefully underfunded and not currently profitable enough to even consider this large a growth step, however promising bringing the Avian line in might seem. Sure, there can be risk-takers willing to invest in any venture, or to help out friends, but I doubt I'd put my money there.
|
I don't think you need to apologize for taking a different route for raising capital for your business.
I do think that we all should consider that there are things we don't know about the specific circumstances of a given situation or opportunity.
the great thing about the internet and the AGF is how easily information can be obtained to answer our detailed questions.
crowdcube is like kickstarter, gofundme, or any other crowdfunding site. they are there to facilitate collection of funds. the individual fund is the responsibility of the individual that created the crowdfunding account at crowdcube.
I guess we can assume the worst or assume the best when we first encounter an opportunity, but in either case, I hope we will all agree that first impressions might change with the results of info gathering, and, that what's good for one of us might not be suitable for another of us (or vice versa).
Just a few posts before this one, there was a long info post submitted by one of the folks involved in this new venture, and it included an email where any of us could write for more info. here is that info again: I would invite those of you with further questions and observations (thank you all for your feedback so far) to contact me either by PM or email at
[email protected]