Is it possible to sell stock in your company that only has a plan for what it will do with the money?
Robert asks:
say I have a GREAT idea for a business…one that is guaranteed to make millions, if not billions a year. It will cost tens of millions of dollars in start up costs to start this business. Is it possible for me to draw up a plan, and have all my costs and everything outlined…including future customers…and then offer the stock of the company as an IPO to raise the money I would need for my business?
say I have a GREAT idea for a business…one that is guaranteed to make millions, if not billions a year. It will cost tens of millions of dollars in start up costs to start this business. Is it possible for me to draw up a plan, and have all my costs and everything outlined…including future customers…and then offer the stock of the company as an IPO to raise the money I would need for my business?
Related questions:
- Is it possible to sell stock in your company that only has a plan for what it will do with the money? Reta asks: say I have a GREAT idea for a business...one that is guaranteed to make millions, if not billions...
- What determines the number of shares the company has to sell in an IPO?the money they need? Anisha asks: Lets say a company(400,000 shares) wants to raise $1 million by selling half of the company(200,000 shares). would...
- Initial Public Offering Costs: What Are The Costs Involved In IPOs? Otis asks: In business, the benefits come with their costs.For instance, consider the case of a person with a homemade...
- 3 Advanced Strategies For Making Money in the Stock Market Xavier asks: You are a veteran at trading stocks and you've been doing it for awhile. With your current expertise,...
- How does a company makes profit by its shares? Stacey asks: I would like to ask a detailed question. Let us consider a company releasing shares in the initial...
I think still the best bet is to raise some initial capital with the help of venture capitalist. This is because most brokerage or large capital investors would like to see some inital working of the idea, (especially, after the burst of dot-com boom in ‘99). But it is possible, so, I recommend reading this book by McCadam “Startup to IPO: How to Build and Finance a Technology Company”. Hope this helps.
Good Luck!