[Buakaw]

(05-18-2016 09:43 AM)ScrapperTL Wrote:  

(05-18-2016 04:12 AM)Buakaw Wrote:  

I have been reading about these kind of investments lately and would be willing to try putting a small amount of money into it. Need to do some more reading about it first.

Buakaw,
I regret not investing in some of these companies on day one back on 5/16, you snooze you lose!

https://wefunder.com/valetanywhere

Valet Anywhere has a pretty cool premise.
Here is the summary directly from their mouth:
What they do: Valet Anywhere is the first monthly parking spot that comes to you - they pick up your car, park it, and return it to you wherever you are. It’s automated long term parking for urban car owners. They take care of all the little things that make cars in the city a pain: monthly parking, filling gas, car washes, maintenance, etc., all for less than a traditional monthly parking spot.

I believe this is a real winner because it solves a problem and is already showing consistent growth/revenue.
However it is already fully funded!

I'm going to be really digging into this site looking for a good opportunity today like Valet Anywhere.
If anybody comes across anything let me know, I think it would be fun to follow something closely with other forum members.

It does seem like a good idea I agree. However for a company like this I would ask the following questions:

- How does the future of car ownership in larger cities look like in the future? We have the rise of shared car resources such as Uber, Lyft and Zipcar. I know that very few of my friends back in the US city where i used to live (around $1M people) own cars. Most are using Uber and Zipcar. Can millennials afford to own a car with their high debt burden?

- Is a company like this safe from a recession? I would suspect that this kind of service would be the first to be cut in times where people need to tighten their belts. People would just park on the street or maybe even sell their car.

Its too late to do this kind of analysis for this particular company but it will pay off to think a few steps ahead