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Fwd: 🌟Welcome to The Founders Corner🚀 – Your Weekly BOOST to Raise Capital and Grow Revenues!
From: The Founders Corner <thefoundercorner@substack.com>
Date: Wed, Oct 2, 2024 at 8:07 AM
Subject: 🌟Welcome to The Founders Corner🚀 – Your Weekly BOOST to Raise Capital and Grow Revenues!
To: <royfang@m-commerce.com>
 Hey there, Welcome to The Founders Corner – you’re now part of a community of founders and entrepreneurs dedicated to building and scaling great tech startups. We’re thrilled to have you with us! What to expect: Chris Tottman and Ruben Domínguez will be sending you a weekly newsletter packed with actionable tips, strategies, and real-world insights from both operators and founders. Whether you’re looking to raise capital or scale your startup, The Founders Corner will give you the tools you need to grow like a pro. Here’s a sneak peek at what you’ll find: 💰 How to raise capital like a pro: Proven strategies to help you succeed in fundraising 🚀 How to scale your startup: Practical advice from founders and operators who have been there 🛠️ Curated tools and resources: Everything you need to make your startup journey smoother 💎 Social media gems: Stay ahead of the curve with curated tips and trends To make sure you don’t miss a thing:
If you find the content valuable, help spread the word by sharing it on LinkedIn or with fellow entrepreneurs! Looking forward to helping you grow and raise like a pro! Best, Rubén Domínguez Ibar & Chris Tottman Some housekeeping…If you can’t find the newsletter, check your Spam folder or Promotions tab, and move this email to your primary inbox. We hope you'll take a few minutes to answer our New Reader Survey and help us make The Founders Corner better! Thanks again, and please tell a few friends if you feel like it. © 2024 The Founders Corner
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Rules for Purchasing and Selling Brand Domains and Handles
(2024.12.30)
- Purchasing a Property:
You can buy a Brand Domain or Brand Handle ("Property") for a flat fee of US$6.00.
- Setting a Selling Price:
Set a selling price known as NYP (Name Your Price).
- Bidding Process:
Interested parties place a bond with the platform to indicate their interest in purchasing at the NYP.
- Decision Period:
Once a bond is placed by a bidder, you have 3 calendar days to decide whether to:
- Sell the Property at the original NYP.
- Pay a penalty (e.g., 20% of the NYP bond) and continue to own the Property.
- Receiving Payment:
If you accept the offer, you will receive the full NYP amount minus the transaction fee and the commission rate set by the platform at the time of transfer (e.g., 10% of the NYP bond).
- Third-Party Fees:
The platform will deduct any transaction fees charged by payment gateways and any applicable tax withholdings from the NYP amount before it is disbursed to you.
- Keeping the Property:
If you decide to keep the Property by paying the penalty, the bidder will receive a full refund of their NYP bond.
- Penalty Distribution:
The penalty paid by the original owner will be split 50/50 between the platform and the bidder.
- Third-Party Fees:
The platform will handle any transaction fees charged by payment gateways and any applicable tax withholdings from the penalty amount before distribution.
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