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This guy used a get-rich-quick scheme and got rich
cnn ^ | 2-27-15 | David Goldman

Posted on 02/27/2015 12:44:08 PM PST by FlJoePa

Edited on 02/27/2015 12:56:06 PM PST by Admin Moderator. [history]

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To: FlJoePa

Ralph Kramden ?


21 posted on 02/27/2015 1:42:50 PM PST by PieterCasparzen (Do we then make void the law through faith? God forbid: yea, we establish the law.)
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To: nascarnation
Well there are winners and losers. So we’ll see if they make it to the IPO stage. As I posted at #11 it’s hardly a unique concept but who knows?

Diapers are hardly a unique concept, either, but the guy who is starting Jet.com previously sold his online diaper service to Amazon for a half-billion dollars. There are good reasons investors have already ponied up a quarter billion to be in on this - the founders track record.

I'm sure Martin took that into consideration before he risked his $18k and all that work. Everything is a gamble, but people who win are generally those who can perceive genuine opportunity from fluff. I just think a lot more professionalism went on here than people are giving Martin credit for - it wasn't a lottery.

22 posted on 02/27/2015 1:48:59 PM PST by Talisker (One who commands, must obey.)
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To: Blood of Tyrants
He still only has a piece of paper. See if he can take it to the bank and get a loan on it.

LOL, so you want to compare which pieces of paper, which debt instruments, are more valuable? I think he wins that one. People who end up not needed loans do the kind of thing he's done. See my post #22.

23 posted on 02/27/2015 1:51:42 PM PST by Talisker (One who commands, must obey.)
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To: Talisker

No it wasn’t a lottery at all.
It was a winner take all competition.
He won. Good for him.

And a great idea by the company to get a huge amount of their initial advertising and canvassing paid for by others.

It’s still kind of a free country, nobody forced those “others” to do it, so a great idea.


24 posted on 02/27/2015 1:53:53 PM PST by nascarnation (Impeach, convict, deport)
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To: nonamer
Since his shares are basically worthless, judging from the look of the pages available on the site plus the enormous competition in this type of platform, my guess is there is less than a 0.00001% chance he will be able to cash in or get his money back.

Man, people are really sore over this guy!

"Your guess"? Did your guess take into account the history of the founder? See my post #22.

25 posted on 02/27/2015 1:54:08 PM PST by Talisker (One who commands, must obey.)
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To: Talisker

$250 million? How much did the domain cost them already?


26 posted on 02/27/2015 2:06:46 PM PST by nonamer
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To: All

Here is where to find your Gold “JESUS”

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JESUS “IS” our Yes and Amen from EL SHADAI ! ! !

http://www.youtube.com/watch?v=IyUTqr2XbeQ The Song Of Moses

Revelation 3:18

Therefore I counsel you to purchase from Me gold refined and tested by fire, that you may be [truly] wealthy, and white clothes to clothe you and to keep the shame of your nudity from being seen, and salve to put on your eyes, that you may see.

Job 22:25

And make The Almighty your gold and [The Lord] your precious silver treasure,


27 posted on 02/27/2015 2:14:16 PM PST by Jedediah (The Keys to The Kingdom)
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To: PGR88
"I’m working with a guy I met on the inter web. Seems really nice. He’s son of a Nigerian General who has $50 million locked away in Switzerland. He just needs my bank account and $20,000 to get it released."

Ha, ha. You got ripped off. I only paid $5000 for a $60mil payoff. Having said that, my point of contact is hard to reach.

28 posted on 02/27/2015 2:27:01 PM PST by fini
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To: Blood of Tyrants

Kinda like anyone that has ever made an investment....


29 posted on 02/27/2015 2:27:04 PM PST by Solson (Grand Old Party 1854 - 2010 RIP)
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To: bubbacluck

I think I read in another article that #’s 2-#10 receive 10,000 shares.


30 posted on 02/27/2015 6:34:49 PM PST by FlJoePa
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To: nonamer
$250 million? How much did the domain cost them already?

What are you talking about?

31 posted on 02/27/2015 11:14:51 PM PST by Talisker (One who commands, must obey.)
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To: Talisker

I don’t think he even knows. As to the original story/post - I would pay $18K right now to trade places with this guy w/out a second thought. In fact, I’d pay $36K.

Anyone who wouldn’t isn’t very astute, imo.


32 posted on 02/28/2015 9:15:55 AM PST by FlJoePa
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To: FlJoePa

There are thousands of people with concepts right now that would gladly take you money. So, what are you waiting for?


33 posted on 02/28/2015 10:35:50 AM PST by nonamer
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To: FlJoePa

I’ve been involved with internet businesses for over 15 years now. I’ve started my own (and failed), worked for PPC companies and a small internet retailer and I’ve invested money in start-ups. The $220 million investment is probably smoke and mirrors. It just doesn’t happen for what, at this point, is nothing more than a concept. It would be a different story if there was a confirmed list of members and retailers signed up. Use common sense for crying out loud.


34 posted on 02/28/2015 10:43:28 AM PST by nonamer
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