ITT: OP is looking for to raise investment capital for a contemporary pop art / jewelry project from Veeky Forums.
Hoping a fresh set of folks will see this today. Will be answering questions on this thread.
I am a second generation goldsmith. I have 15+ projects that need materials and labor covered, ranging from $5-30k in expenses, per project.
Offering 50/50 profit split on any project. Jewelry generally has a minimum 3x return. This is a short term 2x, with minimal risk, as the materials investment has a well established value and can easily becomes liquid again, if needed.
Literally would be the funniest shit if I found investment on Veeky Forums.
Being as I don't want anyone to impersonate me later in the thread, my contact is: [email protected]
Want to do (very well executed) ridiculous things with some of the most valued materials on Earth + make a lot of money and contribute to contemporary pop art?
Not bad. I have questions I’ve directed to you via email.
My current business far surpasses that, and my goals are even larger. I've been in the jewelry industry almost a decade, and am a second generation fine jeweler.
I’ll bump this thread for you.
Thanks for the interest so far, will be here to answer any questions.
A real Veeky Forums related thread, good luck OP
Thanks. Not here to bullshit. Here to make money with someone.
Where are you located? How much are you looking for?
I second this.....but you should reply to your email.
Very interesting. Where are you located? What investors did you get capital from for your past projects? And generally what return did your investors make? If I want proof of sales/contracts could you provide those over email?
Nice trips. My studio is in Los Angeles.
I have a list of roughly 15 projects developed and priced out ranging from $5k-25k in production costs. I can provide you with the list privately and walk you through my price calculations and logic.
Past projects have been self funded, or custom work and smaller scale. The business was built without outside investment.
Today I learned that a project I had been planning was independently executed by another jeweler.
Had the funds been available at the time, there would be an extra 6-figures in my bank account today.
Heated, but only insofar as it motivates me. Execution, not conceptualization, is how capitalism works.
Happy to answer more questions.
You and I exchanged some emails. I didn't get a clear explanation as to why you needed someone to invest $7k, for example, when you can make more than that by selling one piece.
I got busy with other things, but that left it seeming scammy.
I'm sorry for not providing a sufficiently clear answer to you. The idea is that I need capital to make the piece in the first place. There is no profit without an initial investment.
I understand that -- but you've made profit from previous work, and continue to make profit, no?
I'm not accusing you of anything, I'm just saying it doesn't make much sense to me.
>pop art / jewelry project
I just reread our messages. Seemed that the question was a general skepticism about raising capital through this (admittedly, totally unconventional) means.
This is something that I can't afford to fund from my pocket. By structuring it as a project-to-project investment I will, after a few projects, be able to fund them out of pocket.
At the end of the day I am comfortable providing potential investors with any requested details about myself and my plans.
I understand if the math doesn't work for you, but I'm being fully forthright.
I'm honestly not opposed to the idea. But I haven't figured out a way to add sufficient trust to the situation. I could send you $7k in ETH, for instance, and you could literally walk a way with no recourse. I could file charges or something, or we could write up a contract beforehand, but that's quite a lot of time/work invested (I've never entered into that kind of formal agreement before).
Do you see where I'm coming from?
It makes sense. In such an unconventional scenario this working hinges on the development of trust, if there are any steps you'd like to be taken to build that, I'm fully open.
And am willing, privately, to disclose any necessary personal information.
>And am willing, privately, to disclose any necessary personal information.
Appreciated -- but how can one prove the authenticity of the disclosed information? Further, even if you gave me your SSN and your mother's maiden name, what can I do with that information if you cut and run?
Not saying you would (you seem genuine), but that's a real possibility.
I'll make it easy for you user. Anyone on biz asking you directly for money is a scam artist. If you can't figure out what the scam is it just means they're a good scam artist.
Hope for the best, plan for the worst. Makes sense. I suppose you could make a personal assessment about the whether I'm telling the truth. Consider the likelihood of someone lying about wanting to progress in an industry that they're entrenched in. And then, after all that, if I run, contact people in my life and slander me? The police? I really don't know either, and hadn't considered it that far because that's not at all my plan.
As far as this guy - he's wrong. He's commenting on a situation he isn't familiar with, with people he's unfamiliar with.
I'm east coast so I'm going to bed soon (early morning). I've thought about the arrangement a few times since our exchanges. I'll definitely think about it more.
I won't lie I've done pretty well in crypto, but not well enough that I could toss close to $10k out the window without being pretty fucked up about it (especially right now).
If you can come up with some means of further proving your authenticity, I'd appreciate it.
Further, it's also worth pointing out that you could be completely legit and have the best of intentions, but simply overestimating your abilities to sell (and maybe craft) what you're planning to. That's another facet of risk.
Sleep well. I’ll think on it. Still available via email?
Yup -- same email. C***mail
>As far as this guy (You) - he's wrong. He's commenting on a situation he isn't familiar with, with people he's unfamiliar with.
A good scam is something like 1.Make a fake escrow website 2.Make a fake machinery hire website 3.Advertise discount sales through classifieds
A bad scam would be 1.Ask biz for money "so you can make jewellery" 2.Hope they send you some.
youre the idiot trying get investors on biz, requesting 5K+ for "pop art jewelry", and posting work that doesnt even cost 2K to make or is even sell able for 2K...
7g 18K ring with with cheap turqouise, $4K? surrreee
You seem like you’re also in the industry and fucking bitter about it. I’m not even going to bother defending the sales prices of my own work to you, there’s no point because they’re sold already.
I’m going to leave you with one tip: If you’re in this industry and you’re treating the materials as the commodity, you’re backing yourself in a corner and you’re doing it wrong. But you probably already know that huh?
>Protip: diamond melee, not turquoise
Show details of the engraving, this looks pretty shitty.
not bitter about anything, yeah im in several industries. yes when you're selling at that price range (with no name) you should base of materials and labor. much success to you in your craft but asking for 5K plus on biz, cmon man
I don't plan to use much engraving in future work, so it's not substantial or relevant to me. If you're seriously interested feel free to email me.
So you're going to cast the jewelry then? Why don't you start casting silver wojak figurines, I'd buy one off you.
I'm going to continue to let you think it hasn't work.
>I'm not using engraving >So you're casting then?
Those aren't comparable techniques, and a choice regarding one doesn't imply anything about the other. That said, some parts will be cast, others hand fabricated.