Thread replies: 7
Thread images: 1
Thread images: 1
File: hot dog.jpg (422KB, 1000x808px) Image search:
[Google]
422KB, 1000x808px
Joe runs a small hotdog stand on the corner street in some shit neighborhood downtown new york.
He makes an estimated 30k a year after taxes and he's thinking about expanding. His cousin is moving to the city soon to work with him, but he can't afford to pay him. So Joe has a great idea. Buy a second hot dog stand and put it on another corner and have his cousin work it.
Problem is, he has no money and his credit isn't high enough for even a 5,000 dollar loan to get another permit and hotdog stand.
So Joe comes to you. He offers to sell you 20% of his newly formed company "Joe's Hot Dogs" for 5000 dollars. as long as his company is afloat he will pay you 1k a year in annual dividends.
Not only this but he also wants to expand his business even further, once he collects the funds he wants to buy more hotdog stands on more corners. With every 20% growth in income from the initial 30k a year he promises to pay an additional 5% in dividends.
Would you invest in Joe's Hot Dog stand?
>>
Joe is a nocoiner so no
>>
>>2730700
If had 5k to throw into hot dog stands, I'm probably better off putting in crypto for +20% gainz.
Joe could get shot selling hot dogs in some shit neighborhood downtown new york.
Crypto can't get shot.
>>
nice op , just bought 100k !!!
>>
>>2730700
it depends, are those hot dogs stands decentralized?
>>
>>2730725
yeah between joe and his cousin
>>
>>2730725
Joe is going to become acting CEO of all current and future hotdog stands, owning the full 80% of the remaining company.
Other then that his business will grow where it can, hiring managers or other employees where he needs.
Thread posts: 7
Thread images: 1
Thread images: 1