Step 1: Fund building.

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Step 1: Fund building.

Post  Mutagen on Mon Sep 06, 2010 2:00 pm

Let me lay it out for us:

We know what we want to do.
We are discussing how to do it.

Stage one of actually DOING SOMETHING is funds building.

We need somewhere to stick money and get the documentation of who put it in.

And we need to do it now while interest is high and people are willing to leap without looking.

Where can we stick money, how will it be moved there, and how do people put in for it?

SUGGESTIONS AND DISCUSSION!
Lets do it.

List of suggestions and points to be updated:
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Re: Step 1: Fund building.

Post  Scriptarius on Mon Sep 06, 2010 2:01 pm

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Re: Step 1: Fund building.

Post  Daemonwelsh on Mon Sep 06, 2010 2:29 pm

set up a donation button or whatever that we funnel money into as needed?

Get people to find out if they can take out loans, getting investors to see about getting a superb nightclub/paintballthing/gaming area/survival area set up?
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Re: Step 1: Fund building.

Post  Finoftime on Mon Sep 06, 2010 3:06 pm

And if /tg/ never goes through with the project? How will donations be returned?

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Re: Step 1: Fund building.

Post  Anon on Mon Sep 06, 2010 3:08 pm

I think stage 0 is actually: "Make really solid and utterly watertight plan".

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Re: Step 1: Fund building.

Post  Daemonwelsh on Mon Sep 06, 2010 3:09 pm

Finoftime wrote:And if /tg/ never goes through with the project? How will donations be returned?

they are donations. Donations are not returned.
However loans are.

Only donate what you would not mind losing.
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Re: Step 1: Fund building.

Post  N. Kiki on Mon Sep 06, 2010 3:12 pm

Finoftime wrote:And if /tg/ never goes through with the project? How will donations be returned?

Donations are converted into something /tg/-related project.
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Re: Step 1: Fund building.

Post  Anon on Mon Sep 06, 2010 3:13 pm

Yeah, that's a good point. Some kind of backup would be nice, even if it's just "give money to charity of the donor's choice".

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Re: Step 1: Fund building.

Post  HarryDresden on Mon Sep 06, 2010 3:16 pm

I agree with the anon about developing the watertight plan first. You decide to buy a house, which house, which neighborhood, and why you want to move there in the first place before you take out an ARM. So, let's think on it.

I believe with the government as it is, trying to appease the "SUPAH GREEN!" community, they'll hand out any amount to any "Green" idealist that comes their way. They realize "Oh shit, population's pissed, let's give them an opiate so that they think we're doing something!"

Well, why not use their funding to actually do something, and not just Duke Nukem; Forever it.
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Re: Step 1: Fund building.

Post  Mordegald on Mon Sep 06, 2010 3:20 pm

Anon wrote:Yeah, that's a good point. Some kind of backup would be nice, even if it's just "give money to charity of the donor's choice".

An emergency "Dump it all to Child's Play" button would seem appropriate. If we can't game with it, let someone else do it.
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Re: Step 1: Fund building.

Post  Finoftime on Mon Sep 06, 2010 3:26 pm

Finoftime wrote:And if /tg/ never goes through with the project? How will donations be returned?

My apologies, I was too lazy to look into the "kickstarter" site before posing that question. After overcoming my laziness I have learned that the website lines up payments without actually sending them through until the project is fully funded thus solving (or at least lessening) that problem. Assuming this site is to be used, a new question arises: who is going to own this? The site says that the owner of the project is going to retain all rights. Is there some way to share ownership? Even then how do we decide who will be the primary owners? This seems like it could end in a huge legal shitstorm.


Last edited by Finoftime on Mon Sep 06, 2010 3:28 pm; edited 1 time in total (Reason for editing : Minor typing errors.)

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Re: Step 1: Fund building.

Post  Scriptarius on Mon Sep 06, 2010 3:31 pm

Finoftime wrote:
Finoftime wrote:And if /tg/ never goes through with the project? How will donations be returned?

My apologies, I was too lazy to look into the "kickstarter" site before posing that question. After overcoming my laziness I have learned that the website lines up payments without actually sending them through until the project is fully funded thus solving (or at least lessening) that problem. Assuming this site is to be used, a new question arises: who is going to own this? The site says that the owner of the project is going to retain all rights. Is there some way to share ownership? Even then how do we decide who will be the primary owners? This seems like it could end in a huge legal shitstorm.
I'm not a finance type of guy so I'll just stand back and let the people with experience handle it.
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Re: Step 1: Fund building.

Post  GrandHistorian on Mon Sep 06, 2010 3:32 pm

Surely there is some sort of legal documentation that the founders / everyone who worked on this project can sign to say 'This is partly mine'.
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Re: Step 1: Fund building.

Post  HarryDresden on Mon Sep 06, 2010 3:32 pm

Well, the easiest idea would be to start a multi-national conglomorate and sell "Shares" in the "Business" to members. The owners of the shares will retain all rights to their individual assets should they fall through, e.g; Intellectual and physical property, monetary value in the form of loans, and a written percentage of the property if the need to sell arises.

Basically, if /tg/ abandons it after succeeding one day, sells the place for boatloads of cash, everyone gets a piece of the pie.
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Re: Step 1: Fund building.

Post  Anon on Mon Sep 06, 2010 3:43 pm

Suddenly I realise I've stepped into Traveller character gen, and now need to trade in my ship shares for a second hand free-trader. Awesome.

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Re: Step 1: Fund building.

Post  Finoftime on Mon Sep 06, 2010 3:44 pm

GrandHistorian wrote:Surely there is some sort of legal documentation that the founders / everyone who worked on this project can sign to say 'This is partly mine'.

I am just worried that there is some way for one asshole (or a small group of assholes), who decides he/she wants to screw everybody else (and let's face it, this is 4chan), to take control of all of the assets.

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Re: Step 1: Fund building.

Post  Anon on Mon Sep 06, 2010 3:45 pm

Right, we need to add a lawyer onto the list of people we might need to end up paying.

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Re: Step 1: Fund building.

Post  Glutton on Mon Sep 06, 2010 4:29 pm

Quick! Someone call the Goverments and lets see if we can get fundings, saying we want to see if we can get a community of strangers together in a bomb-shelter like building.

Maybe we can play it off to see if underground anti-doomsday vault-like buildings would actually work.

That or just get Discovery in on it, they love doing that kind of shit. Only problem is if ratings go down they pull the plug on the operation.
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Re: Step 1: Fund building.

Post  HarryDresden on Mon Sep 06, 2010 4:34 pm

Science channel would then pick us up just to spite Discovery.
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Re: Step 1: Fund building.

Post  Scriptarius on Mon Sep 06, 2010 5:09 pm

Well it's pretty much established now that we will try to get the 3,000,000 for Titan but if we fall short we will buy Nike instead.
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Re: Step 1: Fund building.

Post  JonathanDoe on Mon Sep 06, 2010 8:17 pm

Yo, Law Student here. Not a lawyer yet persay, but if this thing takes three years to get going, I will be by then.
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Re: Step 1: Fund building.

Post  Da Crazy Techmarine on Mon Sep 06, 2010 8:46 pm

Glutton wrote:Quick! Someone call the Goverments and lets see if we can get fundings, saying we want to see if we can get a community of strangers together in a bomb-shelter like building.

We should look into which congressional district each site is located in and contact the representative once we get some funding. Perhaps they can get rid of some of the red tape or get us some congressional money, or just some good will with the locals.
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Re: Step 1: Fund building.

Post  Vault Dweller on Mon Sep 06, 2010 9:21 pm

We extend loans and max out credit cards to fund a self-contained society, then lock the vault door indefinately. Debt collectors can't pass through solid matter.


On another note, a donation system is a terrible idea, all prospective cash-input needs to be recorded and monitored, with no actual transactions taking place. Otherwise this will be disasterous on many levels. You people have far far FAR too much trust of an imageboard known for trolling. There are probably many hopeful god-tier trolls waiting in the memberlist already.
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Re: Step 1: Fund building.

Post  Da Crazy Techmarine on Tue Sep 07, 2010 3:02 pm

Vault Dweller wrote:We extend loans and max out credit cards to fund a self-contained society, then lock the vault door indefinately. Debt collectors can't pass through solid matter.


On another note, a donation system is a terrible idea, all prospective cash-input needs to be recorded and monitored, with no actual transactions taking place. Otherwise this will be disasterous on many levels. You people have far far FAR too much trust of an imageboard known for trolling. There are probably many hopeful god-tier trolls waiting in the memberlist already.

agreed

perhaps if some members are musically gifted, iTunes may be a possible soure of steady revenue, after they and apple take thier cut. plus if it goes viral...

I'll try to hammer out a list of revenues and their possible time frames once i finish class
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Re: Step 1: Fund building.

Post  Lich on Tue Sep 07, 2010 9:55 pm

Can we get a kickstart account going. I think its best if we actually get the money flowing. The only thing that gets me about kickstart is the 5% cut, which seems quite high imo.

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Re: Step 1: Fund building.

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