A while back I suggested crowd fund investing would follow million dollar NIL contracts.
The usual sarcasm which I mostly funny was thrown at the concept.
The business and investment section is back.

https://finlete.com/

Do they accept bitcoin?

I've converted all my USD to PHP

Craigy said:

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I've converted all my USD to PHP

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https://www.php.net/

Know Your Enemy said:

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I'll pay in Schrute Bucks.

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How much in Stanley nickels?

Boardwalk or Park Place?

HEB Buddy Bucks. LFG!

OP is a woman

RobConnolly said:

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Hello Everyone, my name is Rob Connolly. I am actually the Co-Founder and CEO of Finlete. We are primarily focused in baseball. However, I am happy to answer any questions you may have about how Finlete works.

Thanks,

Rob Connolly
rob@finlete.com

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Thanks Rob. Do you have a prospectus on your hedge fund?

Know Your Enemy said:

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RobConnolly said:

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Hello Everyone, my name is Rob Connolly. I am actually the Co-Founder and CEO of Finlete. We are primarily focused in baseball. However, I am happy to answer any questions you may have about how Finlete works.

Thanks,

Rob Connolly
rob@finlete.com

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How much did you pay OP to start this thread?

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OP is Rob's sock

Say one hits the 1/1000 chance of selecting an athlete. How do you get your money back from the investment?

Something about a fool and his money

riverrataggie said:

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Say one hits the 1/1000 chance of selecting an athlete. How do you get your money back from the investment?

---

Great question.

Here is how our process works.

We use machine learning to help us select a minor-league athlete to invest in. Our algorithm likes players like Vaun Brown with the SF Giants. Vaun signed for $7,500 in the 10th round in the 2022 draft. During his first year in the minors, he went from Rookie Ball to AA. He was named the SF Giants' minor league player of the year.

Ok, let's get to your question. Full disclosure, we have not signed Vaun Brown. But we are going to use him in this example.

Step 1: We meet with Vaun Brown and offer him a Future Earning Contract(FEC). Let's offer him $500k for 10% of his future earnings.

Step 2: Vaun accepts the terms, and we execute the contract and wire him $500k.

Step 3: We register a Reg A+ with the SEC. This is a mechanism the SEC has created that allows a company to raise capital from accredited and non-accredited investors. (this is expensive but worth the benefit)

Step 4: We then create 100,000 shares in Vaun Browns FEC. We sell 90,000 shares to fans to cover the cost of signing Vaun Brown and creating the Reg A+.

Step 5: Let's say Vaun Brown has a good Major League Career and makes $100M. This is how the breakdown works.

Total Shares: 100,000
Future Earning Contract: 10%
Price Per Share: $6
Your hypothetical investment: $600

Career Earnings: $100,000,000
FEC 10%: $10,000,000
Return per Share: $100

Shares Owned: 100
Return: $10,000

Here is a Google Sheet I made for you: GOOGLE SHEET

Remember that the return is paid out directly from the athlete's paycheck. You don't get the $10,000 right away, but over the contract's life.

The fascinating piece to this is the Athlete Investment Portal(AIP). As an investor, you will gain access to the AIP to athletes you have invested in. In this portal, you will get exclusive content, investor forums, virtual meet and greets, and the ability to purchase investor-only merch.


Links you can check out:
Tatis Jr. took a Future Earning Contract.
Finlete on WeFunder
Blog on Finlete


Happy to answer any additional questions!

Know Your Enemy said:

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RobConnolly said:

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Hello Everyone, my name is Rob Connolly. I am actually the Co-Founder and CEO of Finlete. We are primarily focused in baseball. However, I am happy to answer any questions you may have about how Finlete works.

Thanks,

Rob Connolly
rob@finlete.com

---

How much did you pay OP to start this thread?

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Haha, truthfully, I have no idea who OP is, but I was trying to find why finlete.com had over 700 visitors from TexAgs.com.

When I searched google, I found this thread. I guess I owe OP a six pack!

greg.w.h said:

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RobConnolly said:

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Hello Everyone, my name is Rob Connolly. I am actually the Co-Founder and CEO of Finlete. We are primarily focused in baseball. However, I am happy to answer any questions you may have about how Finlete works.

Thanks,

Rob Connolly
rob@finlete.com

---

Thanks Rob. Do you have a prospectus on your hedge fund?

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Hi Greg,

Here are a few links that will provide you more information on our business.

https://wefunder.com/finlete
https:/finlete.co/deck

Feel free to email me if you have any questions.

rob@finlete.com

Math
FEC 10%: $10,000,000
Return per Share: $100

Shares Owned: 10
Return: $10,000

RobConnolly said:

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riverrataggie said:

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Say one hits the 1/1000 chance of selecting an athlete. How do you get your money back from the investment?

---

Great question.

Here is how our process works.

We use machine learning to help us select a minor-league athlete to invest in. Our algorithm likes players like Vaun Brown with the SF Giants. Vaun signed for $7,500 in the 10th round in the 2022 draft. During his first year in the minors, he went from Rookie Ball to AA. He was named the SF Giants' minor league player of the year.

Ok, let's get to your question. Full disclosure, we have not signed Vaun Brown. But we are going to use him in this example.

Step 1: We meet with Vaun Brown and offer him a Future Earning Contract(FEC). Let's offer him $500k for 10% of his future earnings.

Step 2: Vaun accepts the terms, and we execute the contract and wire him $500k.

Step 3: We register a Reg A+ with the SEC. This is a mechanism the SEC has created that allows a company to raise capital from accredited and non-accredited investors. (this is expensive but worth the benefit)

Step 4: We then create 100,000 shares in Vaun Browns FEC. We sell 90,000 shares to fans to cover the cost of signing Vaun Brown and creating the Reg A+.

Step 5: Let's say Vaun Brown has a good Major League Career and makes $100M. This is how the breakdown works.

Total Shares: 100,000
Future Earning Contract: 10%
Price Per Share: $6
Your hypothetical investment: $600

Career Earnings: $100,000,000
FEC 10%: $10,000,000
Return per Share: $100

Shares Owned: 10
Return: $10,000

Here is a Google Sheet I made for you: GOOGLE SHEET

Remember that the return is paid out directly from the athlete's paycheck. You don't get the $10,000 right away, but over the contract's life.

The fascinating piece to this is the Athlete Investment Portal(AIP). As an investor, you will gain access to the AIP to athletes you have invested in. In this portal, you will get exclusive content, investor forums, virtual meet and greets, and the ability to purchase investor-only merch.


Links you can check out:
Tatis Jr. took a Future Earning Contract.
Finlete on WeFunder
Blog on Finlete


Happy to answer any additional questions!

---

Let me correct myself then. This is a 1/10,000 chance if not less. I don't see players with a good chance of making pros agreeing to 10% of future contract.

RobConnolly said:

---

riverrataggie said:

---

Say one hits the 1/1000 chance of selecting an athlete. How do you get your money back from the investment?

---

Great question.

Here is how our process works.

We use machine learning to help us select a minor-league athlete to invest in. Our algorithm likes players like Vaun Brown with the SF Giants. Vaun signed for $7,500 in the 10th round in the 2022 draft. During his first year in the minors, he went from Rookie Ball to AA. He was named the SF Giants' minor league player of the year.

Ok, let's get to your question. Full disclosure, we have not signed Vaun Brown. But we are going to use him in this example.

Step 1: We meet with Vaun Brown and offer him a Future Earning Contract(FEC). Let's offer him $500k for 10% of his future earnings.

Step 2: Vaun accepts the terms, and we execute the contract and wire him $500k.

Step 3: We register a Reg A+ with the SEC. This is a mechanism the SEC has created that allows a company to raise capital from accredited and non-accredited investors. (this is expensive but worth the benefit)

Step 4: We then create 100,000 shares in Vaun Browns FEC. We sell 90,000 shares to fans to cover the cost of signing Vaun Brown and creating the Reg A+.

Step 5: Let's say Vaun Brown has a good Major League Career and makes $100M. This is how the breakdown works.

Total Shares: 100,000
Future Earning Contract: 10%
Price Per Share: $6
Your hypothetical investment: $600

Career Earnings: $100,000,000
FEC 10%: $10,000,000
Return per Share: $100

Shares Owned: 10
Return: $10,000

Here is a Google Sheet I made for you: GOOGLE SHEET

Remember that the return is paid out directly from the athlete's paycheck. You don't get the $10,000 right away, but over the contract's life.

The fascinating piece to this is the Athlete Investment Portal(AIP). As an investor, you will gain access to the AIP to athletes you have invested in. In this portal, you will get exclusive content, investor forums, virtual meet and greets, and the ability to purchase investor-only merch.


Links you can check out:
Tatis Jr. took a Future Earning Contract.
Finlete on WeFunder
Blog on Finlete


Happy to answer any additional questions!

---

Sounds like a Loan Shark.

During underachieving seasons, do the coaches and players fund the crowd?

Your welcome Rob I will send you my bar tab at the Dixie Chicken, ha ha.

OrygunAg said:

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Math
FEC 10%: $10,000,000
Return per Share: $100

Shares Owned: 10
Return: $10,000

---

Sorry, the link to the google sheet was correct. The corrected shares would be 100. Nice catch

I'm not sure how accurate these numbers are, but what would this pay the shareholders(?) if you had given this NFL player similar terms? How do signing bonuses factor in?

Bigfoot Is Real said:

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I'm not sure how accurate these numbers are, but what would this pay the shareholders(?) if you had given this NFL player similar terms? How do signing bonuses factor in?

https://i.postimg.cc/pXM8CgBw/45-E8-E8-A4-7-F52-4-B59-8-FF9-AD59360-ED19-C.jpg

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What is paid to the "Fanvestors" comes straight from the athletes paycheck. We submit our contract to the team controller and they transfer the funds. We share the W-2 to the shareholders for validation.

Bigfoot Is Real said:

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RobConnolly said:

---

riverrataggie said:

---

Say one hits the 1/1000 chance of selecting an athlete. How do you get your money back from the investment?

---

Great question.

Here is how our process works.

We use machine learning to help us select a minor-league athlete to invest in. Our algorithm likes players like Vaun Brown with the SF Giants. Vaun signed for $7,500 in the 10th round in the 2022 draft. During his first year in the minors, he went from Rookie Ball to AA. He was named the SF Giants' minor league player of the year.

Ok, let's get to your question. Full disclosure, we have not signed Vaun Brown. But we are going to use him in this example.

Step 1: We meet with Vaun Brown and offer him a Future Earning Contract(FEC). Let's offer him $500k for 10% of his future earnings.

Step 2: Vaun accepts the terms, and we execute the contract and wire him $500k.

Step 3: We register a Reg A+ with the SEC. This is a mechanism the SEC has created that allows a company to raise capital from accredited and non-accredited investors. (this is expensive but worth the benefit)

Step 4: We then create 100,000 shares in Vaun Browns FEC. We sell 90,000 shares to fans to cover the cost of signing Vaun Brown and creating the Reg A+.

Step 5: Let's say Vaun Brown has a good Major League Career and makes $100M. This is how the breakdown works.

Total Shares: 100,000
Future Earning Contract: 10%
Price Per Share: $6
Your hypothetical investment: $600

Career Earnings: $100,000,000
FEC 10%: $10,000,000
Return per Share: $100

Shares Owned: 10
Return: $10,000

Here is a Google Sheet I made for you: GOOGLE SHEET

Remember that the return is paid out directly from the athlete's paycheck. You don't get the $10,000 right away, but over the contract's life.

The fascinating piece to this is the Athlete Investment Portal(AIP). As an investor, you will gain access to the AIP to athletes you have invested in. In this portal, you will get exclusive content, investor forums, virtual meet and greets, and the ability to purchase investor-only merch.


Links you can check out:
Tatis Jr. took a Future Earning Contract.
Finlete on WeFunder
Blog on Finlete


Happy to answer any additional questions!

---

Sounds like a Loan Shark.

---

This is actually very common in minor-league baseball and becoming more popular in NCAA. Keep in mind, this is not a loan. If the athlete never makes it to the NFL or the Major Leagues, they don't pay anything.

There is a risk involved for all parties.

Rob, what university did you attend?

Juan.

Juanito!!

RobConnolly said:

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OrygunAg said:

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Math
FEC 10%: $10,000,000
Return per Share: $100

Shares Owned: 10
Return: $10,000

---

Sorry, the link to the google sheet was correct. The corrected shares would be 100. Nice catch

---

"Math
FEC 10%: $10,000,000
Return per Share: $100

Shares Owned: 10
Return: $10,000"

Question: if your document is erroneous and your actively selling Finlete on TexAgs, how do we know our returns will be error free?

EDIT: precision.

RobConnolly said:

---

Bigfoot Is Real said:

---

RobConnolly said:

---

riverrataggie said:

---

Say one hits the 1/1000 chance of selecting an athlete. How do you get your money back from the investment?

---

Great question.

Here is how our process works.

We use machine learning to help us select a minor-league athlete to invest in. Our algorithm likes players like Vaun Brown with the SF Giants. Vaun signed for $7,500 in the 10th round in the 2022 draft. During his first year in the minors, he went from Rookie Ball to AA. He was named the SF Giants' minor league player of the year.

Ok, let's get to your question. Full disclosure, we have not signed Vaun Brown. But we are going to use him in this example.

Step 1: We meet with Vaun Brown and offer him a Future Earning Contract(FEC). Let's offer him $500k for 10% of his future earnings.

Step 2: Vaun accepts the terms, and we execute the contract and wire him $500k.

Step 3: We register a Reg A+ with the SEC. This is a mechanism the SEC has created that allows a company to raise capital from accredited and non-accredited investors. (this is expensive but worth the benefit)

Step 4: We then create 100,000 shares in Vaun Browns FEC. We sell 90,000 shares to fans to cover the cost of signing Vaun Brown and creating the Reg A+.

Step 5: Let's say Vaun Brown has a good Major League Career and makes $100M. This is how the breakdown works.

Total Shares: 100,000
Future Earning Contract: 10%
Price Per Share: $6
Your hypothetical investment: $600

Career Earnings: $100,000,000
FEC 10%: $10,000,000
Return per Share: $100

Shares Owned: 10
Return: $10,000

Here is a Google Sheet I made for you: GOOGLE SHEET

Remember that the return is paid out directly from the athlete's paycheck. You don't get the $10,000 right away, but over the contract's life.

The fascinating piece to this is the Athlete Investment Portal(AIP). As an investor, you will gain access to the AIP to athletes you have invested in. In this portal, you will get exclusive content, investor forums, virtual meet and greets, and the ability to purchase investor-only merch.


Links you can check out:
Tatis Jr. took a Future Earning Contract.
Finlete on WeFunder
Blog on Finlete


Happy to answer any additional questions!

---

Sounds like a Loan Shark.

---

This is actually very common in minor-league baseball and becoming more popular in NCAA. Keep in mind, this is not a loan. If the athlete never makes it to the NFL or the Major Leagues, they don't pay anything.

There is a risk involved for all parties.

---

That's what I was saying above. Only players going to the minors, or outside shot of getting drafted would accept this to receive an income stream now. Higher rated prospects wouldn't sign up to this.

This is like going to the roulette table and dropping 5 dollars on all the numbers / bets. The one who makes money here is the house. You.

Kozmozag said:

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Rob, what university did you attend?

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Seems like Texas Tech would be a good guess. If this doesn't work out, Rob has a bright future as an entrepreneur in the exciting field of fast casual Italian food end user supply logistics.