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Aaron Rodgers Discusson
Rodgers wants fans to "invest" in his online sports database
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<blockquote data-quote="Mondio" data-source="post: 1001443" data-attributes="member: 10441"><p>Except that’s not how it is at all. It’s a start up. You might get nothing if they fail, or you might make it huge if it reaches their estimates. IT might be something in between. It's not for me, but then I don't need to invest and give them my money either. </p><p></p><p> But, you get stocks, you get voting rights, if they make it, you make it. Like any other investment in a company. if you invest in this company you WILL own part of that company. Just like any other investment. They are literally selling you a piece of the business for some start up funds. Like thousands of other companies have done. You will own common stock. That is the reality. </p><p></p><p>There’s a larger problem in this country and there are examples of it in this thread. Too many confuse the conditioning by the media they consume with regularity, with knowledge. It's not a gofundme endeavor. Not even a little bit. Those were words planted in the minds of readers willing to just consume what they were being fed. A "journalist" who probably has a competing interest with the proposed start up wrote it that way so if they can shoot it down early, better for them. And they get a reliable base of consumers to eat it up and click away. </p><p></p><p>This is proposed to be the one stop shop for all things athletes. No more visiting 3 different sites for salary cap data, or current contract data or past, or stats, game stats, logs, season stats, biometrics verified by the athletes, etc. It might work if they do it right. </p><p></p><p>They have 4M raised already. They are opening fan investment up to a value capped at 1.23M. Probably so majority investors keep enough of the company and voting power and someone can't come in and take it all over. From what I can see they don't even need to hit cap at outside fan investment to fund or move the company forward. They've hit their minimum of 15K, so as you can see, fan investment is not necessary and hardly Aaron Rodgers holding out his hat and begging. </p><p></p><p>Painting it as such shows just how much people will lie and skew to make the reader feel and react a certain way. It has no basis in reality.</p></blockquote><p></p>
[QUOTE="Mondio, post: 1001443, member: 10441"] Except that’s not how it is at all. It’s a start up. You might get nothing if they fail, or you might make it huge if it reaches their estimates. IT might be something in between. It's not for me, but then I don't need to invest and give them my money either. But, you get stocks, you get voting rights, if they make it, you make it. Like any other investment in a company. if you invest in this company you WILL own part of that company. Just like any other investment. They are literally selling you a piece of the business for some start up funds. Like thousands of other companies have done. You will own common stock. That is the reality. There’s a larger problem in this country and there are examples of it in this thread. Too many confuse the conditioning by the media they consume with regularity, with knowledge. It's not a gofundme endeavor. Not even a little bit. Those were words planted in the minds of readers willing to just consume what they were being fed. A "journalist" who probably has a competing interest with the proposed start up wrote it that way so if they can shoot it down early, better for them. And they get a reliable base of consumers to eat it up and click away. This is proposed to be the one stop shop for all things athletes. No more visiting 3 different sites for salary cap data, or current contract data or past, or stats, game stats, logs, season stats, biometrics verified by the athletes, etc. It might work if they do it right. They have 4M raised already. They are opening fan investment up to a value capped at 1.23M. Probably so majority investors keep enough of the company and voting power and someone can't come in and take it all over. From what I can see they don't even need to hit cap at outside fan investment to fund or move the company forward. They've hit their minimum of 15K, so as you can see, fan investment is not necessary and hardly Aaron Rodgers holding out his hat and begging. Painting it as such shows just how much people will lie and skew to make the reader feel and react a certain way. It has no basis in reality. [/QUOTE]
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Rodgers wants fans to "invest" in his online sports database
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