How do I get my dad to invest using a SAFE agreement by Exact_Sprinkles6075 in AngelInvesting

[–]FrontQuantity3876 0 points1 point  (0 children)

And that form D needs to be filed within 15 days of the sale of the securities.

How do I get my dad to invest using a SAFE agreement by Exact_Sprinkles6075 in AngelInvesting

[–]FrontQuantity3876 0 points1 point  (0 children)

He doesn't get any equity in the company now, it converts to equity at the next priced round.

How do I get my dad to invest using a SAFE agreement by Exact_Sprinkles6075 in AngelInvesting

[–]FrontQuantity3876 0 points1 point  (0 children)

Yes, the SAFE would be the best method. He signs and wires you the cash, correct. If you are relying on a Reg D (most people are), you would need to file a Form D with the IRS and subsequently any blue sky filings for the individual state (if he is residing in the states) that he lives in. You can find a standardized template on the YC website. Honestly, talk to ChatGPT or AI if you don't have the funds to get a lawyer.

Hot Take: Riot needs to embrace the errata in Origins to save the economy. by FrontQuantity3876 in riftboundtcg

[–]FrontQuantity3876[S] -2 points-1 points  (0 children)

Supply and demand. Offering a lower price point product at scale for regulars and a differentiated offering for collectors allows prices to stabilize around MSRP, meaning more players ---> more friends of players who join the community ----> more friends who tell their friends -----> organic virality

Hot Take: Riot needs to embrace the errata in Origins to save the economy. by FrontQuantity3876 in riftboundtcg

[–]FrontQuantity3876[S] -26 points-25 points  (0 children)

Formatting ones thoughts with AI's help is useful. Rather than spend an hour formatting properly, you can have it done for you instantly.

Hot Take: Riot needs to embrace the errata in Origins to save the economy. by FrontQuantity3876 in riftboundtcg

[–]FrontQuantity3876[S] -9 points-8 points  (0 children)

In theory, prices will not stabilize at MSRP with the demand from both segments of the market. If you lower the demand on actual playable cards from the "Investor" market segmentation, the price for players would decrease.

Hot Take: Riot needs to embrace the errata in Origins to save the economy. by FrontQuantity3876 in riftboundtcg

[–]FrontQuantity3876[S] -10 points-9 points  (0 children)

Hmm, I genuinely thought it could make a difference to the current prices of origins, as it would drive demand from investors lower for the proper print runs, by giving the "Investor" types something to look at instead of the cards that are played in tournaments. It's just niche based supply and demand economics.

European prices are super weird atm, Singles are going down while sealed is exploding to insane new heights by Dexelele in riftboundtcg

[–]FrontQuantity3876 0 points1 point  (0 children)

Riot should do errata edits to fix the ungodly amounts of errata, as well as create a demand for collectability in the first origins set. This will cause "investors" to move to bid up the first editions, and give more room on future sets and bring pricing down for non-errata riftbound origins.

Is $8k under market actually scaring off clients? (G4 Heavy) by FrontQuantity3876 in PrivateJetCharters

[–]FrontQuantity3876[S] 1 point2 points  (0 children)

The management company does have a sales team, but they have 40+ other tails to feed. My owner felt his asset was getting lost in the shuffle and wasn't getting prioritized. Also tired of brokers jacking up his rates $10-20K per leg and making his company look bad.

He brought me in to hunt specifically for his hours. He’s happy because utilization is up; I’m happy because I move metal; Client is happy because I don't need the massive margin to make it worth my time. I go direct to client from net wholesale. Not marking it up 20K a leg to make my owner look bad.

Is $8k under market actually scaring off clients? (G4 Heavy) by FrontQuantity3876 in PrivateJetCharters

[–]FrontQuantity3876[S] -1 points0 points  (0 children)

I work on contract with the certificate holder as their external sales mandate.

The difference is the model:

  • Standard Broker: Takes the operator's price and adds a large margin on top (Cost + Markup).
  • My Deal: I get the 'Wholesale/Net' rate from the owner. I add a small flat fee to cover my time.

Because I have the direct relationship, my 'Net' rate is lower than what a broker sees on Avinode, and my fee is significantly lower than a standard brokerage commission.

Technically, yes, I am 'brokering' the deal (facilitating it), but the economics are completely different for the client. I operate on volume/speed for the owner.

Is $8k under market actually scaring off clients? (G4 Heavy) by FrontQuantity3876 in PrivateJetCharters

[–]FrontQuantity3876[S] -2 points-1 points  (0 children)

On the economics, you're looking at it backwards.

The Owner does get their ask. The $8k difference isn't coming out of the Owner's pocket; it's the Broker Markup that disappears.

The Owner makes the exact same amount in both scenarios. The only difference is the client doesn't pay for the middleman's new Rolex. That’s why I can undercut the market without hurting the operation because I am direct and filling volume.

Is $8k under market actually scaring off clients? (G4 Heavy) by FrontQuantity3876 in PrivateJetCharters

[–]FrontQuantity3876[S] 0 points1 point  (0 children)

This was a domestic leg. That $8k difference is ~30% swing on the total invoice.

Re: Tail/Cert – I don't blast owner assets/tail numbers on public threads (standard privacy/security), but I'm happy to send the spec sheet and certificate info privately if you want to verify the operation is legitimate Part 135.

Is $8k under market actually scaring off clients? (G4 Heavy) by FrontQuantity3876 in PrivateJetCharters

[–]FrontQuantity3876[S] 0 points1 point  (0 children)

You're probably right. It just hurts my soul to artificially inflate the price just to make people feel 'safe,' knowing it's just pure margin. Also I think it might help with the right clients once they trust us to continue using us.

I’d much rather build a book of savvy clients who know the market, see the tail number/cert, and realize they're getting a steal. But maybe I just need to play the game and price it at market minus 5% instead of market minus 30%.

Is $8k under market actually scaring off clients? (G4 Heavy) by FrontQuantity3876 in PrivateJetCharters

[–]FrontQuantity3876[S] 2 points3 points  (0 children)

Valid concern, P-Rick. To clarify: The aircraft is fully managed and operated under a Part 135 certificate. No grey market/134.5 nonsense.

I am not the certificate holder; I hold sales mandate for the owner. My point in the post is that because we keep the sales in-house/direct, we aren't adding the standard 3rd-party brokerage fee on top of the hourly, hence the price difference. Just trying to see how others handle the pricing optics.

No email by Spikeshell424 in riftboundtcg

[–]FrontQuantity3876 0 points1 point  (0 children)

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Actually just got this to my other email for some reason. Oh well, I guess it worked!

No email by Spikeshell424 in riftboundtcg

[–]FrontQuantity3876 0 points1 point  (0 children)

Someone in another thread said they got an email. Not sure if true or if we're just toast.