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Subject: Re: UKNM: RE: A Sad day
From: Ray Taylor
Date: Tue, 24 Oct 2000 20:36:20 +0100

James Closs <j [dot] clossatbitbull [dot] com> said:

> Johnny is a builder. One day he has an idea

He's in the wrong biz.

> he could build a big
> house

How original!

> Unfortunately Johnny doesn't have the money to build the house

He should go and get a decent job then, lazy bastard.

> goes to his friend Billy - would Billy put some money in for a share
> of the profits? Billy thinks the scheme is a great idea but he is a
> tad unsure of Johnny's house building ability

So he's a sensible investor then? The first rule of investing in a startup
is to be sure of your management team. Don't give money to complete tossers.

> so he offers to give
> the money to Johnny in two stages. If Johnny can build the walls OK -
> on time & exactly like they are on the plans, Billy will give him the
> rest of the money to add the roof too.

Is this, as I said, absurd, or am I being stupid? Who cares, either way they
wouldn't get a penny from me.

Sorry, but I'm bored with the fairy story. The two guys both lose money.
They are obviously both complete dick-heads. Why would anyone give them any
kind of backing?

Anyone on this list who disagrees, please send me £5.


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  Re: UKNM: RE: A Sad day, James Closs

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