Market Discussions

I'd like to reserve a 2B share. Please let me know when to send.

reserve 2 bonds for me please.

I'd like to reserve (at least one) slot on this bond if any are still available, and if not, request to be on the list for the next bond. :)

For those on the reserve list please hold off on sending and ISK as MicioGatto has yet to state a reserve amount. Once that us in I will finalize the investor list and funds can be sent at any time after that.

I will be able to update the thread fully within a few hours. Thanks everyone.

Confirm, 5bil sended.

Don't forget me Rykker.
Please confirm receipt of 2B from me

I transfered it directly from the corp's wallet to avoid two transfers.

MB

Can I get on the reserve list for 5B?

Being an investor in your first two bonds, I know that it is nice doing business with you. However, I have a few questions to ask, mainly to satisfy my own curiosity. (Edit: And I ask them here mainly because others may be curious of the same, and/or provoke more questions)

Firstly, and perhaps most importantly, I wonder why you need additional public funding? It seems that you do very well for yourself (>1b/day profits), and as such, I wonder what's in it for you?
I understand from your post in the last bond that you want(ed) to create talk and excitement for the MD community, but is that all?

Also, if you want more people to "get into" investing, then why the sudden jump of per-bond prices? (As in, from 250 mil to 1b) To me, that seems counterproductive, as it requires those new to investing to (potentially) risk so much more. Is this simply because you'd like to deal with less "book keeping"?

Why did you suddenly double the amount of isk "needed"? It seems to be a very sudden jump, and I, for one, would like an explanation to that. (I know, I know, you almost tripled the amount from bond #1 to bond #2, but that was a "mere" 5 bil, not 15 bil).

Why the sudden "need" for public isk? I see that you had a >1 year break from requesting public funding, and suddenly you have two bonds, only separated by days.

Also, congratulations on getting funded practically before even starting the bond. And congratulations on your b-e-a-utiful profits. ;)

-Dez

Rykker,

I will remit the 3B in 2 days time. Sorry for the delay.

I appreciate the questions Dezolf and hopefully I can shed some light on some of these for you and the rest of those who are interested. I also think this is the perfect place to ask the questions. I appologize in advance if any replies are unclear, if that is the case please ask and I will do my best to clarify.

This bond does serve a purpose as the start up capital needed for the other part of the business plan is quite large, in the range of 30-50 billion to be efficient enough to be run by one person and still generate returns that are on the same level as station trading. This is not a new venture and is one that is referenced in the background section of the bond. The one referenced is with a three man corp at 100b+ infrastructure but worked well with a smaller amount with only one person. This part has been in the process of coming online for about a week now and is lacking funds to make the full scale launch as of yet. A tertiary aspect of the business is the expansion into other hubs but will not come online untill these two arms are mostly to fully funded.

To break it down timewise, roughly, I estimate that the first bond brought me from 10b to 70b. With the addition of the current bond, capital will be raised to 100b with 30b of that from public funds. Current plans are to keep 60b working in station trading, and additional 10b working in medium term speculation and the remainder and 30b going toward the new venture. That leaves a void of 20b to be filled by profits from station trading from the bond. Conversely, without the bond, I would only have 70b capital to work with leaving a void of 50b to be filled. My end game strategy is to keep 60b-80b in the market but utilizing a much slower pace to bring in a steady revenue stream, while growing the other venture which will be a more manageable, long term revenue source.

Detracting from the profits, both in the profits made last month as well as the profits being generated this month is the need to outfit my fighter pilots, a substantial amount of profits will be going to new ships in faction BS, the capital and super capital variety. There are other parts of the game I enjoy when I’m not trading, and unfortunately the skills needed for PvP and PvE, I find myself lacking and tend to lose ships. Also in this catagory is the desire to try new ventures in the market arena. Admittedly, this part is the smallest of the lot, but still uses up capital in the billions to try to generate new revenues.

To answer the question briefly though, I am utilizing the funds as efficiently as I can and I also want to generate excitement in the MD community, hopefully giving entrepreneurs the inspiration needed to build big. The creating talk and excitement also goes into postings on new bonds being presented in MD which are, while perhaps not lacking in enthusiasm for profits or honesty, are certainly lacking in quality and I am doing what I can in asking questions to help bring about a better presentation and in asking questions that bring about transparency.


I agree with you here in that less bookkeeping was a consideration in determining bond price. I tried to find a balance by establishing a maximum investable amount to increase investors and a higher bond price that would not generate a large number of investors to track. Perhaps in hindsight a smaller bond amount should have been used, 500m per bond would have been better.



This concerned me as well as I’m well aware of the shudders that get sent through MD when bonds jump in size like this. I have always tried to keep my bonds a relatively low amount(edit: *compared to NAV) while still being able to advance the business in an efficient manner. The explanation I can give you is that I considered different amounts carefully over a couple of weeks and chose 30b as the amount that I thought would best advance the business, is an amount I can comfortably handle, an amount that would be acceptable to the community and an amount I can pay back fully and quickly in the case of catastrophic loss. Advanced planning was implimented by sending a working copy of the bond to current investors roughly 10 days prior to release to guage reaction and make adjustments if necessary.


The need came from a love of profits. After donating and giving most of my wealth away last year, which I don’t regret in the slightest, I found myself with 10b in my wallet and the incredibly fun (and daunting) task of building a new fortune ahead of me once more.

Thank you for the questions Dezolf, I hope I answered them for you.