Post
Topic
Board Securities
Re: S.MG - The Ministry of Games.
by
stephwen
on 06/06/2013, 07:11:42 UTC

From what I gather the thinking here is that nobody is ever convinced by more text. People go by the names involved, and possibly, sometimes, maybe, by a fifty word blurb. If that's not good enough then it's just not good enough; the asking for more text is basically an invitation to roleplay "Internet Businessmen, the MMO" on whatever forum. I don't think MP has any patience for that.

Isn't this just another way of saying that there is no business plan whatsoever?

I wouldn't mind investing based solely on the reputation of a CEO, when said CEO is someone like Elon Musk (obviously that's what happening with SCTY and TSLA atm), or even friedcat (if we want to keep it at bitcoin level), but I don't think MP has this kind of reputation or track record yet.
Perhaps if this venture does well on the middle to long run, and if he wants to start something else in a few years, the he could consider doing it this way, but right now, even the with the "relative" success of MPEX, it seems presumptuous.