Providing Startup Financing Solutions Since 2001

Peter

Today you can find all sorts of experiments out there on new ways to raise money. I first heard of the personal IPO a year or two ago. Today Wired has a long article on it.

Man Who Sold His Fate to Investors at $1 a Share

On January 26, 2008, a 30-year-old part-time entrepreneur named Mike Merrill decided to sell himself on the open market. He divided himself into 100,000 shares and set an initial public offering price of $1 a share. Each share would earn a potential return on profits he made outside of his day job as a customer service rep at a small Portland, Oregon, software company. Over the next 10 days, 12 of his friends and acquaintances bought 929 shares, and Merrill ended up with a handful of extra cash. He kept the remaining 99.1 percent of himself but promised that his shares would be nonvoting: He’d let his new stockholders decide what he should do with his life.

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How to Get Startup Capital and Seed Capital

Everyone wants them. Sometimes they can be provided by outsiders.

Oftentimes you will need to up your game and discover how elite entrepreneurs create startup and seed capital seemingly out of thin air. Not only will this help you to launch your startup quicker but it will impress the socks off future investors–should you still need them. Get started today in creating seed and startup capital.

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