My names Paul and I'm the founder of moolalounge.com (website not yet live). We're an online based business with massive potential to be a global company. We're currently looking to raise anywhere between £5,000 - £6,000 in order to initiate and continue the growth of our business.
We have approached many investors with our business idea and business plan. The general response given, is that they love the idea and they can see the scope for the business (i.e, how global it can be). The only probelm is that as investors their money comes first before anything else. What this means is that they will not invest any money until, they see similar amounts invested in by myself; although I have put in a total of £1,500 (all the money I have) into this business already. We need to raise atleast £5000 so we can get our investors to release their capital as well.
We are not asking for free money, we will offer equity stakes in the business for those individuals who help us raise our funds (specific amounts of money invested, will get an equivalent equity share).
We will also endeavour to explain the business in full to those individuals who show a commitment to us. We will send you a copy of our business plan and also a video message over skype or msn, for those abroad to explain what we are trying to do.
Looking forward to all your help,