If you don’t convince your wife and invest, then 100% of the return is for you because she didn’t support it! 
… well … I know it doesn’t work out like that 
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Several new investors since the big one joined.
Will we reach the $1.3 million goal today? Would be awesome.
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When can I tell my wife to expect the returns? 
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Again, I was talking long term. You’re making good points though, but I will not go deeper into it now and here, since it would derail this topic… 
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I want to check if my ID info was accepted, but am having trouble finding where to look on BTTF
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Same here, I just made an account. I never got asked for an ID copy or something. They will request in the near future I guess…
They did for me earlier, and it said “pending review” but now I can’t find anything about it
@whiteoutmashups They’ll email you when they have processed your documents. @polpolrene Make sure you go to the account page and click on the ‘private details’ tab. You’ll need to upload photo ID and address ID before your account gets approved.
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Mine is still pending, but I know i have what they need so went on anyway. It was taking them an age to verify.
As a general point, I know many are joking about the ‘convincing your wifes/girlfriends’ but seriously, only invest if you can afford to loose it. Investing in technology is high risk, returns most certainly not guaranteed.
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so are wifes/girlfriends
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Mine had been pending for almost 3 weeks when I decided to shoot them an email. Had a reply within hours where they said they had a pretty big influx in new users. But they approved mine straight after. Especially now it looks like the minimum will be met, no real rush.
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I agree completely with this, and the vast majority of the stocks I hold are in index funds. However, when you consider the most successful companies with the largest market caps:
Apple (S Jobs)
Microsoft (B Gates)
Google (L Page)
Facebook (M Zuckerberg)
Amazon (J Bezos)
Well these may not be the type of company Maidsafe is trying to emulate but is it a coincidence that all of them are tech companies?, but more importantly that they were all started and then run by founders whose drive, passion and innovative ideas are/were IMO the most important factors behind their success?
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In J Bezos case it certainly wasn’t to buy an expensive car. He (probably) still drives a 1996 Honda Accord.
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In J Bezos case it certainly wasn’t to buy an expensive car. He (probably) still drives a 1996 Honda Accord.
Yes, probably. I obviously don’t know any of them, but given how much Bill Gates and Mark Zuckerberg have given to charity, money doesn’t seem to be the sole motivator. It sounds corny, but I think they go beyond that pretty early and it becomes about a higher purpose. I also think Elon Musk falls into this category and clearly David Irvine does too. It was probably clear from my initial comment, but I will never invest in a company unless it’s a technology company and more importantly unless it’s run by a driven, passionate founder with an amazing idea.
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Tech companies are on the most risky investments. For each of those sucessfull you can find thousands failling. Even after sucess they may fail for tech decision, like Kodak and most recent, blackberry, Yahoo. Even Apple failed before.
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Great thanks, this part doesn’t show up on mobile so I had to go laptop. Shows up on that
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When you cash out or if the minimum is not met they will require ID for payment or refund.
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@nicklambert - I hope you don’t mind me asking this. I’d like to get a feel for how much extra benefit MaidSafe would derive from any funds above the minimum of £1,000,000. I assume the target of £2,000,000 would be optimal (unless you’d like more), but how much difference does it make? Would a graph of ‘money’ against ‘benefit to MaidSafe’ be roughly linear, or what?
I don’t know how detailed your plans are… I suppose I’m just wondering if there are specific milestones for the fundraiser which would enable particular things to be achieved.
I think a lot of people are investing with a strong mind to enabling MaidSafe to succeed (i.e. not only for personal profit). Perhaps if you have any comment on my question it could help people to determine where to draw the line when deciding how much to invest.
I realise there are several awkward elements to what I’m asking, so please answer however you wish (or not at all) and I will completely understand.
P.S. It’s reached over £900,000 now!
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It all depends, we have a lot going on as you will see, funds help grow bigger faster, this is nearly always the case. There is not real graph as such. Imagine we get $10mm in sales next year or $100mm or none it all depends on many things, including luck.
£1mm gives us comfort we can take some quicker decisions, £2mm makes this more comfortable still (more devs, more outreach people etc.). It’s a huge mixed bag really, we continually analyse what we have and make decisions on this. £1mm is a huge boost to the development of the company, but not the only game in town really, but a nice easy one with more supporters without losing control of our strategy etc.
So there is no straight answer to this, it will probably not be the last funding we take in, it’s too hard to say, but we will see in a few months when we have the network and everyone using it how quickly we can scale and if we need more funds to scale faster etc.
I hope that helps.
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