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unmerged(33865)

Eutopian Chess Champ
Sep 2, 2004
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I see. Well it is not so small as micro-capital, so I guess it is mini-capital, or assisted enterprenuership. So some of your more successful companies would graduate to the Venture Capital I described to fund the next stage of growth, if appropriate. How will you screen the applications, considering the total number you might have? It sounds like your average loan size would be only 250 thousand ducats, so putting a billion to work this way would mean approving 4,000 loans, which would mean screening perhaps 20,000. Or have I got the wrong idea again?
 

Amric

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May 4, 2003
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<OOC: God only knows...It will depend on players and probably mods as to how many actual apps we would get. Plus it is not like we would really EXPECT people to come up with a real business plan and prospectus. This is a game after all. Just that they 'have' one of each and the cover letter is the more important aspect for the RPG and the interview.>

Some deals could be larger than others. It will just depend on who and how many actually apply, Loic. Given that the government tried something like this some years ago and go nowhere, I have only limited expectations on how well this initiative will actually do.
 

unmerged(33865)

Eutopian Chess Champ
Sep 2, 2004
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(OOC: I realize most of the applications would be by NPCs reviewed by other NPCs the mini-capital firm would hire, that would have a certain kind of background. Most applications would be approved or rejected according a general policy that the PCs running the firm would set. Very large applications or PC applications would be marked for management review, so the you or O'Floinn could decide. My character's concern wasn't an OOC one about whether it would get enough applications, or how mods would write enough and the management would process those. It was an IC concern about whether the salary of a competent application reviewer could be covered by by profits on such deals. That is why normal venture capital starts with larger deals.)

I have read about entreprenuerial clubs elsewhere, where prospective business starters would meet, get some tips on putting together business plans, dealing with the bureaucracy to set up a business, etc. Elsewhere, there are business incubators, that provide much of the infrastructure, like payroll, accounting, conference rooms available by appointment, shared receptionists, etc. Would either of these fit into your model, the clubs as a feeder system, or the incubator as a way of setting your service apart from the ordinary?