Girl Sells 10% of Herself

That's nothing Semper. Read this:

http://www.wired.com/business/2013/03/ipo-man/all/

10% for 10 years, she needs to make 1.25mil for the investor to break even. I think she ran above EV here

Yea, sounds like she made a good deal actually. Especially considering inflation and such. I think she found a sucker.

On May 09 2013 02:15 DustySwedeDude wrote: Yea, sounds like she made a good deal actually. Especially considering inflation and such. I think she found a sucker.

I wonder how much she would have gotten if she were fat and ugly

Yes cause she s so hot....
Investments arent done on looks... seems like they arent done @ brains either in this case

her business idea sounds like it has almost no value to me. i get why she would want to do this as a marketing ploy and a chance to drop out of college, but why the fuck would anyone invest in this?

oh its only for 10 years lol, wow huge scam congrats to her

Seems like it's probably a hoax:

http://news.yahoo.com/real-sarah-hanson-please-stand-203521091.html

http://www.geekwire.com/2013/sarah-ha...sterious-19yearold-entrepreneur-fake/

http://www.theatlanticwire.com/techno...real-sarah-hanson-please-stand/64412/

why would it matter who the investor is? you still owe 10% to whoever wins the highest bid?

I will say that recently going through the process of finding assistant living for a family member it is a very horrible experience that could be very much improved on. Don't know enough to comment further but this looks like a mutually beneficial relationship to me especially considering the investment dollar amount likely means nothing to the investor.

Seems like a good move by the 19 year old.

1. She found a sucker who believed in her idea.
2. This would not work with a black female with the same idea, let alone a man of any color.
3. Her website sucks if you view it from a phone, and often freezes.

I do like her idea for the website though, so I'm not hating on that. It's just that the website and idea is pretty basic and not worth the money the investor put down. It's a similar idea to many other websites who have 1 main idea that revolves around using Google Maps as the power behind it. I've seen this done for FREE, by people who just have ideas, and their ideas have ranged from PC cafes, pizza places, video game tournaments, etc.

I'm not great at math, so I'll just try to paint a picture of how I see things: Let's pretend she graduated from college and earned a modest $45k a year job right out of the gate. 10% of $45k is $4,500, and if we multiply that by 10 years, we get a total of $45,000 or $45k.

Now, she doesn't have: a college degree, a decent paying job, she's dependent on her parents for room and board, and is banking on her website to make her money.

I, like everyone else in this thread, know that this girl lucked out and found a sucker to believe in her. I personally think the woman who is willing to give her $125,000 for 10% of herself is rich, and doesn't need that amount of money that badly. I see this more as a charity case situation, in that a rich woman sees a needy young white girl who has a dream and is willing to chase it, even if it means dropping out of school, and is being thrown a bone. I believe that the investor knows she won't see all of her investment again, and is willing to take the risk on this girl potentially becoming successful.

On May 09 2013 01:39 gawdawaful wrote: 10% for 10 years, she needs to make 1.25mil for the investor to break even. I think she ran above EV here

1.25m in 10 yrs doesn't seem like that much

Hah I tohught someone was selling 10% of their scoop action

This is actually a snap call for any investor. She is way underselling herself. If you due the right due diligence (means if she is not full of shit.) This is a GREAT GREAT deal for any angel investor.

There is no company that gets valued below $1mil. I have personally never seen a deal below a million and Ive seen many deals. So needs to just need to survive for 1-2 year and the investor 10% will worth more than $100k.

This is why we have a good deal here: In start-up scene If you have previous experience in any sector and you want to do a biz/serice in that sector. You are ahead of 90% of all other deals available to investors. If you are taking a break from uni to do a start-up that is a sign of a very competent CEO and risk taker and for any investor there are $$ sign all over ventures getting started by uni drop-outs. So if she survives the first year, there is almost no freaking way she doesn't get valued less than $2-3mil after 2 years.

In conclusion if the story is real and if she is real and not a scam. %10 of her company/income for $125K is a great deal since on top of what I just said she is guaranteeing some return for the investor even if her company doesn't work out! She will pay 10% of her income for the next 10 years. So that is ATLEAST 50k return on the worst case.

On May 09 2013 20:00 teej1985 wrote: Hah I tohught someone was selling 10% of their scoop action

On May 10 2013 01:37 capaneo wrote: This is actually a snap call for any investor. She is way underselling herself. If you due the right due diligence (means if she is not full of shit.) This is a GREAT GREAT deal for any angel investor. There is no company that gets valued below $1mil. I have personally never seen a deal below a million and Ive seen many deals. So needs to just need to survive for 1-2 year and the investor 10% will worth more than $100k. This is why we have a good deal here: In start-up scene If you have previous experience in any sector and you want to do a biz/serice in that sector. You are ahead of 90% of all other deals available to investors. If you are taking a break from uni to do a start-up that is a sign of a very competent CEO and risk taker and for any investor there are $$ sign all over ventures getting started by uni drop-outs. So if she survives the first year, there is almost no freaking way she doesn't get valued less than $2-3mil after 2 years. In conclusion if the story is real and if she is real and not a scam. %10 of her company/income for $125K is a great deal since on top of what I just said she is guaranteeing some return for the investor even if her company doesn't work out! She will pay 10% of her income for the next 10 years. So that is ATLEAST 50k return on the worst case.

You raised some Good points, but did you take a look at the website she made? It's supposed to be her great idea/invention, yet the idea and actual website is pretty basic.

Even if she were to make money off of ads, which she has none, it wouldn't be that much cuz of the type of people the website is geared towards.

On May 10 2013 10:09 PuertoRican wrote: Show nested quote + On May 10 2013 01:37 capaneo wrote: This is actually a snap call for any investor. She is way underselling herself. If you due the right due diligence (means if she is not full of shit.) This is a GREAT GREAT deal for any angel investor. There is no company that gets valued below $1mil. I have personally never seen a deal below a million and Ive seen many deals. So needs to just need to survive for 1-2 year and the investor 10% will worth more than $100k. This is why we have a good deal here: In start-up scene If you have previous experience in any sector and you want to do a biz/serice in that sector. You are ahead of 90% of all other deals available to investors. If you are taking a break from uni to do a start-up that is a sign of a very competent CEO and risk taker and for any investor there are $$ sign all over ventures getting started by uni drop-outs. So if she survives the first year, there is almost no freaking way she doesn't get valued less than $2-3mil after 2 years. In conclusion if the story is real and if she is real and not a scam. %10 of her company/income for $125K is a great deal since on top of what I just said she is guaranteeing some return for the investor even if her company doesn't work out! She will pay 10% of her income for the next 10 years. So that is ATLEAST 50k return on the worst case. You raised some Good points, but did you take a look at the website she made? It's supposed to be her great idea/invention, yet the idea and actual website is pretty basic. Even if she were to make money off of ads, which she has none, it wouldn't be that much cuz of the type of people the website is geared towards.

You are right, I just saw her website and ya, its pretty much google map now. It's a shit website w no direction that is true. So right there i disqualify her(if this is real) .

But on the issue of making money, I have seen companies with NO REVENUE After 2-3 years. And no deal/order getting valued for 3mil. Also there are many deals with companies who has NO BIZ MODEL getting bought for millions. Look up CardMunch a free service, no plan to make money in anyway and got bought by LinkedIn for 2.5mil after 1-2years of the lunch.
Sometimes it is cheaper for a big company to pay for a small biz than developing themselves and her idea here seems like one of those. Which are prime acquisition targets.