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Oh my, $150K for 7% equity sounds really good. I would offer 30% equity for that amount. I've been trying to raise $20K for the last 10 years and never managed

Oh my, $150K for 7% equity sounds really good. I would offer 30% equity for that amount. I've been trying to raise $20K for the last 10 years and never managed though one time someone took pity on me and gave me $20K in cryptocurrency as a gift. I managed to stake that on a crypto project in such a way that it was soon generating me around $35K to $70K per year and I used the money to fund myself to work on a Decentralized Exchange for 3 full years which is now operational. Still nobody will invest in me.

trevmckendrick 4y ago
Can I please recommend w/ no ill intent that you take news courses of action if you've unable to achieve raising a relatively low amount of capital after 10 year?
- jongjong 4y ago
  I already met many investors and millionaire founders. I even met 2 founders who are now billionaires and many others who went on to become multimillionaires. Nowadays most of them won't even answer my emails. One of the founders I met before they were successful (and who sold their startup for millions) won't even give me a $2000 per year support contract though they continue to use my open source project and ask me questions. I'm thinking I've been blacklisted. It doesn't make sense right? Does it make sense that someone I met 10 years ago, was using my open source project as part of their startup and was having conversations with me every couple of months throughout the whole 10 years (they even let me log into their production system with 30K concurrent users to help fix a bug) and then went on to make millions won't even support my project with a $2000 a year contract? Probably something weird going on. This is not just about one example, it's every now-successful founder I've ever met. Nobody talks to me and I did nothing wrong except build some products that work really well.
  - acecreamu 4y ago
    Don't try to blame others, see what works for you and where you can improve. Some people can make other run for them and send donations without even trying. It's not about them or cruel word. Your problems are about you, and you need to either solve them or to switch to something that works for you, or you will be suffering the rest of life.
    - jongjong 4y ago
      I find that hard to believe. I tried a lot of things. I switched between many companies, changed industries, moved to many different countries around the world to find opportunities, I tried playing the patient nice guy for years, I also played more assertive in later years, changed my entire personality to act like an extrovert, started blogs, pursued investors (attending events), started open source projects (one which became popular in its industry), got involved in blockchain space built my own unique projects from scratch... Nothing delivered financial results. I feel like I tried essentially everything so I know it's not something I can control. When I study people who succeeded, the main difference I can see is that they got very lucky because they knew people who helped them get attention. Most successful people seem to have this rosy perception of how things work; unfortunately, I cannot go back to that point. Once you've seen nasty stuff, you cannot un-see.

trevmckendrick 4y ago

Can I please recommend w/ no ill intent that you take news courses of action if you've unable to achieve raising a relatively low amount of capital after 10 year?

jongjong 4y ago
I already met many investors and millionaire founders. I even met 2 founders who are now billionaires and many others who went on to become multimillionaires. Nowadays most of them won't even answer my emails. One of the founders I met before they were successful (and who sold their startup for millions) won't even give me a $2000 per year support contract though they continue to use my open source project and ask me questions. I'm thinking I've been blacklisted. It doesn't make sense right? Does it make sense that someone I met 10 years ago, was using my open source project as part of their startup and was having conversations with me every couple of months throughout the whole 10 years (they even let me log into their production system with 30K concurrent users to help fix a bug) and then went on to make millions won't even support my project with a $2000 a year contract? Probably something weird going on. This is not just about one example, it's every now-successful founder I've ever met. Nobody talks to me and I did nothing wrong except build some products that work really well.
- acecreamu 4y ago
  Don't try to blame others, see what works for you and where you can improve. Some people can make other run for them and send donations without even trying. It's not about them or cruel word. Your problems are about you, and you need to either solve them or to switch to something that works for you, or you will be suffering the rest of life.
  - jongjong 4y ago
    I find that hard to believe. I tried a lot of things. I switched between many companies, changed industries, moved to many different countries around the world to find opportunities, I tried playing the patient nice guy for years, I also played more assertive in later years, changed my entire personality to act like an extrovert, started blogs, pursued investors (attending events), started open source projects (one which became popular in its industry), got involved in blockchain space built my own unique projects from scratch... Nothing delivered financial results. I feel like I tried essentially everything so I know it's not something I can control. When I study people who succeeded, the main difference I can see is that they got very lucky because they knew people who helped them get attention. Most successful people seem to have this rosy perception of how things work; unfortunately, I cannot go back to that point. Once you've seen nasty stuff, you cannot un-see.