On Jun 3, 2007, at 3:13 PM, YKY (Yan King Yin) wrote:
The problem is that I still want to get rich, and to make XYZ a non- profit would be dishonest and may result in some awkward contradictions later. (Unless my personality changes... which is also possible).
To put it really simply, your venture is no different than dozens, nay, hundreds of other ones. This is a very well vetted area and just about every possible organizational possibility has been tried numerous times in many contexts with varying levels of success. Rather than grasping for a new way to do things that you find aesthetically pleasing, you would probably be better off specifying what the necessary endpoint is and then pick one of the many extant proven structures for achieving those endpoints if the people involved are up to the task and study why those structures worked and others failed.
What you have proposed is a blue sky startup with the negatives compounded by a lack of legitimate experience at pulling such things off. In many ways, you have a naive perspective of the significant constraints on implementation this creates. The risk profile is extremely high, which means that your venture is worth approximately nothing to anyone, which the all the economic consequences implied. Which in short means that you would retain almost no leverage over the project even if you did manage to organize it.
You sorely lack capital, whether intellectual, reputation, or cold hard cash -- the stuff ventures are built on. And capital begets capital, so there is a virtuous cycle. That does not mean your project is impossible, but it is implausible. You need to spend more time working on accumulating the necessary capital.
Cheers, J. Andrew Rogers ----- This list is sponsored by AGIRI: http://www.agiri.org/email To unsubscribe or change your options, please go to: http://v2.listbox.com/member/?member_id=231415&user_secret=e9e40a7e
