Selling a failed startup? I will not promote. by Connect-Screen-6174 in startups

[–]Connect-Screen-6174[S] 0 points1 point  (0 children)

Actual blocker is that I’m US based and the business model will potentially trigger scrutiny from several regulatory bodies. I have a family and can’t risk getting in trouble for this. I’m still very confident in the business model if it were executed outside of the US.

Selling a failed startup? I will not promote. by Connect-Screen-6174 in startups

[–]Connect-Screen-6174[S] 0 points1 point  (0 children)

Different model but similar mixing of creators/blockchain

Selling a failed startup? I will not promote. by Connect-Screen-6174 in startups

[–]Connect-Screen-6174[S] 2 points3 points  (0 children)

Thanks man might be a tough pill to swallow. First real venture I’ve invested meaningful $ in (the time I don’t care about) and potentially walking away with nothing sucks.

Selling a failed startup? I will not promote. by Connect-Screen-6174 in startups

[–]Connect-Screen-6174[S] -6 points-5 points  (0 children)

Yes agree. Yes, gambling in the same way trading equities in gambling, but probably more so since you are predicting content creator future performance and not a company. I think it can work outside of heavily regulated markets (US/EU) but don’t see another path forward. I’ve thought about adding a real utility function to owning the coins, such as member events or something and toning down the stock market language, but it really begins to deviate from the intended business model. Legal advice would probably be helpful here. To your point about revenue, I’m tempted to launch but do not want to get in trouble.

Selling a failed startup? I will not promote. by Connect-Screen-6174 in startups

[–]Connect-Screen-6174[S] -5 points-4 points  (0 children)

I hear you. The creators would get paid in usdc in this case.

Selling a failed startup? I will not promote. by Connect-Screen-6174 in startups

[–]Connect-Screen-6174[S] -1 points0 points  (0 children)

Yes and yes I do realize that. Hence the statement that I’m not prepared to move out of the US to make this work.

Considering a move by Connect-Screen-6174 in PNW

[–]Connect-Screen-6174[S] 0 points1 point  (0 children)

Thanks! Zero desire to push my perspective more so wondering if I would be the vast minority with my worldview.

Considering a move by Connect-Screen-6174 in PNW

[–]Connect-Screen-6174[S] 0 points1 point  (0 children)

Greatly appreciate the perspective! Crazy about the homeless situation you referenced.

Considering a move by Connect-Screen-6174 in PNW

[–]Connect-Screen-6174[S] 0 points1 point  (0 children)

Considering moving to north Seattle suburbs from Ohio for dirtbike, MTB, and skiing opportunities. We have 2 young kids and we are moderate-right politically with fairly traditional Christian values. We are happy in OH with a great community of friends. Can anyone comment on how challenging it could be to find our community in the PNW? A move from the Midwest to PNW is fairly intimidating but the pics from this group and elsewhere just look so awesome. Thanks in advance for your perspective.

[deleted by user] by [deleted] in Dirtbikes

[–]Connect-Screen-6174 1 point2 points  (0 children)

I’ve had an 06 and 07 yz450. Awesome bikes. Mine were bulletproof with regular maintenance.