You're currently viewing posts by Pinsider wolfmarsh.
Click here to go back to viewing the entire thread.
It seems like a weird, questionable business decision to pass up a loan at lower points than offering this investment, just to try to make other unknown people money?
That just seems like a pretty thin veil over something else. Managing the investments this way feels like a way for the pinball company to dodge certain things about having investors, with no real benefit or protection to the investor.
Quoted from PinballCompany:I have already been introduced to many investors who can contribute ideas and serve on our board. It's tough running a business with the two executives. There is another benefit that we have not discussed, but here you go. We have been approached by a few individuals and companies who expressed interest in buying our company or merging. However, valuing a small business in this niche industry is very difficult because there are no comparable sales. Best way to do it is to use sales, earnings, or cash flow multiples. This offering will establish a baseline valuation for any suitors in the future. Hard to put a pricetag on the talent and relationships were are getting and be able to have this valuation established.
That is the more traditional investment route that I would have expected you to go. Selling equity and board seats to a very small select group of investors who share your vision.
That said, I do wish you the best of luck. It's always a risk to do something like this and hope it works out for you and your investors.
More pinball is a good thing, especially if you can maintain your business model.
You're currently viewing posts by Pinsider wolfmarsh.
Click here to go back to viewing the entire thread.
Wanna join the discussion? Please sign in to reply to this topic.
Great to see you're enjoying Pinside! Did you know Pinside is able to run without any 3rd-party banners or ads, thanks to the support from our visitors? Please consider a donation to Pinside and get anext to your username to show for it! Or better yet, subscribe to Pinside+!
This page was printed from https://pinside.com/pinball/forum/topic/the-pinball-company-wefunder-comments?tu=wolfmarsh and we tried optimising it for printing. Some page elements may have been deliberately hidden.
Scan the QR code on the left to jump to the URL this document was printed from.
