Quote from: newIndia on February 12, 2017, 07:10:24 PM

Quote from: sanbel on February 12, 2017, 11:12:25 AM

Wasn't sure under which child forum to post this :

Offering 6.5 lakhs as a passive investor for a planned online only bitcoin exchange/startup/bitcoin remittance company in return for minimum 15-51% equity (equity percentage may be negotiated further down to a MUCH lesser value based on how much additional funds/relevant skills are being brought to the table). Preferred if you have knowledge of how to incorporate a startup in a tax haven outside India with global clients and virtual online only employees. Please respond even if you are unaware how the legal framework and Tech works. Please be willing to take on the "Sole" founder and CEO role ( Founder/CEO role => Low salary (bootstrapping) + raise Funds. Some perspective : Mark Zuckerberg's base annual salary = 70 Rupees )
Prefer if founder is Bengaluru based ( legal paperwork becomes easier ).

So, in short, u want to invest ~10 BTC and want ~15% equity of a global bitcoin exchange?

Yes. However:
1) I have asked around for current prices and rates for an exchange script and how to setup the whole thing - so I have an idea about the difficulty involved.
Also, 2) I have specific plans on what exactly needs to be done legally and technically which can be discussed in person. Ideally I would want to be a co-founder but I would be holding a Full time 9-5 job at the same time so yes - I will end-up being just a passive investor. Setting up or buying an existing exchange is easy. Preventing it from being hacked by social engineering, handling the day to day operations, paying full-time employees monthly pay-check, renting the cloud server space ( if bootstrapping ), preventing DDOS ATTACKS and being the face of the company ( CEO ) in the event of say a 3rd co-founder stealing everything and running away with the bitcoin exchange master key ( Since this will be a global exchange ), getting people to switch-over to your exchange from other exchanges when your idea is nothing new and there are 2630 other similar exchanges, Aggressive Marketing and Acquiring monopolistic customer base - Now THAT will be the hard part.