The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

A new way to raise capital?

Remove ads while supporting the Unscripted philosophy...become an INSIDER.

Yankees338

Bronze Contributor
Jul 24, 2007
1,829
136
81
28
NJ/MD
http://www.fannation.com/articles/show/1511819

A potential major league baseball player selling shares of his potential future income. This might work for some sharp people with talent, skills, and ideas but no money.
Wow, that's amazing. Brilliant idea in my opinion. If they can sign on some of the blue-chip prospects, they could certainly be onto something here. I'm kinda surprised that Major League Baseball officials haven't seen a problem with this, though.

Great idea. Great find. Thanks tb...rep+++
 
OP
OP
T

tbsells

Contributor
Jul 27, 2007
304
58
31
Ohio
Yanks,
You are the guy I thought of when making the post. A sharp young guy with a bright future. Who says it has to be a ballplayer. This might be the way you raise your first million in start up capital.

P.S. I'm also suprised MLB hasn't stopped it. The article says it complies with SEC reg's. I thought that was a little suprising also.
 
Last edited:

MJ DeMarco

Administrator
Staff member
EPIC CONTRIBUTOR
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
Jul 23, 2007
29,834
105,472
3,751
Fountain Hills, AZ

bigmako

New Contributor
Jan 25, 2008
44
7
9
California
I love the concept!

One has to ask though...

Is 25 years old "old" to be trying to get in the MLB?

Not sure as I am a football fan mostly!

Great concept though!
 

Yankees338

Bronze Contributor
Jul 24, 2007
1,829
136
81
28
NJ/MD
Yanks,
You are the guy I thought of when making the post. A sharp young guy with a bright future. Who says it has to be a ballplayer. This might be the way you raise your first million in start up capital.

P.S. I'm also suprised MLB hasn't stopped it. The article says it complies with SEC reg's. I thought that was a little suprising also.
The main reason that I'm shocked to hear that it hasn't been stopped is because it seems kinda similar to gambling, which as we know, MLB and most other professional sports try very hard to stay away from. IMO, that's what's kept an major sports teams from locating in Vegas.

And that does sound like a pretty cool idea, but I'd probably want to get my feet wet in something else first.
I love the concept!

One has to ask though...

Is 25 years old "old" to be trying to get in the MLB?

Not sure as I am a football fan mostly!

Great concept though!
Baseball players generally lose "prospect" status around 25 or 26, but some guys, especially relief pitchers as the player in the article is, are late-bloomers. He is in Double-A right now I believe. He could be in the Majors by the middle of this season if he performs well. Relievers usually come and go, so he'll most likely get a shot pretty shortly somewhere.


And MJ...that'd be a pretty cool idea.
 

Jorge

Bronze Contributor
Oct 5, 2007
583
103
32
37
Mendoza, Argentina
I haven't read the article yet, but I think its the same approach that this guys are using:

http://www.springwise.com/entertainment/bands_funded_by_their_fans_upd_1/

Last week, SellaBand celebrated their first anniversary with a 'SellaBration' in Amsterdam's pop temple, Paradiso. Our description of the concept when they launched: aiming to empower independent artists, SellaBand has created a platform that enables fans to sponsor bands, and get a piece of the action in return. How it works: fans, dubbed Believers, find an artist they like on SellaBand.com. For USD 10, they can buy a share, or 'Part'. Once the band has sold 5,000 parts, SellaBand arranges a professional recording, including top studios, A&R managers and producers. Believers receive a limited edition cd of the recording.

So—what happened over the past year? Fans have invested over USD 1,000,000 in the bands they believe in. The first band to raise USD 50,000 was Nemesea, which did so in 83 days. Six other bands have also raised 50K. Three of them—Nemesea, Cubworld and Second Person—have produced and launched their first album, and the other four are hard at work in the recording studio. In total, 4,806 artists signed up to SellaBand.
I don't remember if this was already posted too:

http://www.springwise.com/lifestyle_leisure/crowdbuying_a_soccer_team/

I think its a really cool idea!
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Sponsored Offers

  • Sticky
MARKETPLACE Lex DeVille's - Advanced Freelance Udemy Courses!
Thanks for sharing. I want a course to optimize for other than Google engines.
  • Sticky
MARKETPLACE You Are One Call Away From Living Your Dream Life - LightHouse’s Accountability Program ⚡
Welcome to 2020, I wanted to add in a quick note about gratitude for the new year...


Don't like ads? Remove them while supporting the forum. Subscribe to become an INSIDER.

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Monthly conference calls with doers
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom
AdBlock Detected - Please Disable

Yes, ads can be annoying. But please...

...to support the Unscripted/Fastlane mission (and to respect the immense amount of time needed to manage this forum) please DISABLE your ad-block. Thank you.

I've Disabled AdBlock