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24 June 2006

Business funding without the red tape

Due to the popularity of SiliconGlen.com as well as its prominent search engine placement, I have for some time taken advertising on the site and it has covered costs. However, it's not enough to take on additional staff full time and invest in new development.

That being the case, I thought I could put the advetising to more effective use and cut some of the red tape associated with funding a new venture. It would work like this:
  1. Offer an advertising campaign for say anything between $100 and $1000 for a year depending on placement on the site.

  2. Said person gets advertising as promised and helps to raise finance for startup

  3. Startup is launched and shares are given out to advertisers in proportion to the advertisements they have paid for

  4. If said new venture fails, then the advertisers still got their money's worth through the advertising campaign

  5. If the new venture is a success then advertisers may recover their costs several times over as the share value rises

Investment without the risk?
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