Been thinking of ways to invest some of our corp isk since there's no point it sitting idle in a zero interest rate bank account. Some ideas we've had range from buying some capital ship BPO's to trading in T2 items. I think a private projects initiative could work very well. Here's how it would work:
Private Projects: Anyone can present an idea and the corp votes on it. If we agree, the corp will fund the start up costs and in return will get 50% of the profit while the loan is outstanding. In due course the project manager can choose to pay off the original loan and take 100% of the profit himself.
Corp Projects: We'd need to distinguish corp projects from private projects. For example, a research POS due it's nature and who would be using it would be a corp project. The infrastructure would be wholly owned by the corp and hence the corp is liable for both startup and maintenance costs although the project manager is ofc encouraged to keep it profitable or at least pay for itself.
Loans: The corp can give loans to corp members and will discuss terms. Expect interest rates in the region of 2 - 5% depending on the size and time period of the loan.
Shares: If we decided to purchase a high value BPO for example, we'd need to raise the isk via an internal IPO. The corp would own 51% of the shares and the remainder would be offered to corp members. A project manager would be assigned to make the BPO profitable and dividends paid out on an agreed timescale.
Let me stress here that the Project Managers would be responsible for making a business plan, running the projects, and organising the manpower to help them. It's doesn't mean they have to be the only ones doing the work! We have some very highly skilled people in the corp, covering miners, refiners, production, sales and logistics. There's no point wasting time training up an alt when we can use one of the many toons we already have. This will be the key point in any plan and something that I would wish to discuss with any prospective managers before they launched on a venture.
Private Projects Initiative
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Re: Private Projects Initiative
Hmmm, when I get back to playing I could do with one of those.friznit wrote:Loans: The corp can give loans to corp members and will discuss terms. Expect interest rates in the region of 2 - 5% depending on the size and time period of the loan.
1 Billion isk on loan to Fab for market trading. This is a trial so we have agreed on a 1% RoI (10mill isk per month) and full repayment in 4 weeks (all negotiable if it proves successful). Fab will let you know how much he think he can make in that time for himselffabyak wrote:I must confess I am tempted to borrow a large chunk to trade with so I can make more monies
I will hopefully aim to make at least lots, if not a shitload of isk in that time.
I am just the trial Fea
I'm doing it for the good of the corp!
On a good day (with a tail wind and having sacrificed a comedy midget at the feet of
I could well make round about 50-60 million a day 
)
This is assuming that the markets are in my favour, I don't get undercut, and I can take care of the business the instant stuff is brought/sold
I am just the trial Fea
I'm doing it for the good of the corp! On a good day (with a tail wind and having sacrificed a comedy midget at the feet of
I could well make round about 50-60 million a day )This is assuming that the markets are in my favour, I don't get undercut, and I can take care of the business the instant stuff is brought/sold
Last edited by fabyak on March 23rd, 2007, 10:19, edited 1 time in total.
Yes, the whole point is to help corp members get rich, not to make the corp rich. I small RoI and repayment time limit is a necessary driver though - stops people just sitting on the isk and doing nothing with it - otherwise it'd be 0%amblin wrote:1%? Jebus. Friz, can I take out a mortgage with you - I need to buy a house at 0.000056% APR
Lets just hope they fix the market bug today then! >.<fabyak wrote:I will hopefully aim to make at least lots, if not a shitload of isk in that time.
I am just the trial Fea
On a good day (with a tail wind and having sacrificed a comedy midget at the feet of
This is assuming that the markets are in my favour, I don't get undercut, and I can take care of the business the instant stuff is brought/sold
/me couldn't use markets all last night
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Dolly Parton
- 5pork
- Posts: 961
- Joined: October 22nd, 2006, 15:33
It's a nice idea, and indeed what we originally intended to do. But inevitably ends up with a minority doing all the work, then leads to arguments over who should get what level of payment, accusations of leeching and ultimately bad blood, the collapse of the corp and the end of the world as we know it. Then Branch Davidian rapes your child and declares war on Texas. So, no.Dolly Parton wrote:can we just get the corp rich and pay dividends out to members on a monthly basis. then we would be making us all rich
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Dolly Parton
- 5pork
- Posts: 961
- Joined: October 22nd, 2006, 15:33
a simple no would have sufficed. yes i c your point and may have raised in the past. i figure i would try this lazy mode and ask someone to do something for me suggestionfriznit wrote:
It's a nice idea, and indeed what we originally intended to do. But inevitably ends up with a minority doing all the work, then leads to arguments over who should get what level of payment, accusations of leeching and ultimately bad blood, the collapse of the corp and the end of the world as we know it. Then Branch Davidian rapes your child and declares war on Texas. So, no.
i would like 1 bil, not sure what i would invest in, maybe a CNR or an MC merc contract on Friz for no reason what so ever with a side of Miro.
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centerededgedesign
- Optimus Prime
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- Location: Farmington, MN, US
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How about the corp buy Hulks for all those miney types that keep showing up to the ops. With the condition that you give a % of all ore you mine to the corp until you pay for it? With invention, we could even start building them soon. Makes sense to use them though, if we're going to be mining. (Might as well get the most ore per cycle possible)
Same could go for transport ships for the hauly types.
Same could go for transport ships for the hauly types.