This is a not crowdfunding or a public offering. We are not a firm or company offering a designated return on a successful investment or a positive interest yield from any specific investment.
As such there is no prospectus, fine print for a lawyer to read through, formal pitch deck, or any legal documents. Of course if you're willing to write something, the group will be glad to accept them for review.
We are common folk with like minds looking for viable businesses with high yielding potential to start together. Friends with benefits, business benefits...
We are a business startup fellowship!
Anyone interested can join or separate at any time.
We believe once the fellowship has made several business purchases and established a noteworthy track record of success we could one day offer opportunities as investment vehicles to the public. And by that time hopefully everyone involved in the fellowship is already quite well off.
Initially (You / We) are not directly contributing to the start of any specific business. (You / We) are agreeing to contribute a designated amount of money into an agreed upon idea / business endeavor. Essentially, (You / We) are establishing a savings account set aside for future startup businesses that (You / We) believe to be viably profitable.
We will setup our own pitch meetings to look for the best talent and pick opportunities that we can afford with the potential for a lifetime of profits and beyond. Then do it again and again with the fellowship of Startup partners.
This is not a traditional crowd funding setup. The structure of this idea is informal amongst friends. Everyone involved is equal in both gains and losses.
We'll establish what the group wants to achieve, use our own money and pick the ideas to fund.
Everyone can hold onto their own funds until it's time to fund. We'll just take screen shots of our monthly contributions and share it with the group proving the funds exist but more importantly the ongoing commitment to the others.
Once we mutually agree on an idea we'll make a simple contract amongst the group members and form an entity for the new business, pick a general manager, then fund it.
Regarding concerns like trust amongst one another and legal notions. I believe whomever has a concern should be prepared to provide the solution and the group will eagerly comply.