Selling my Hedge Fund, input needed.

xWallStreet's picture
Rank: Monkey | 60

Hi,
I setup an Investment management firm March 2017. Setup a few brokerage accounts and got regulatory approvals and stuff.
But later decided to not pursue with the fund.
I am now looking to sell my LLC and the contact lists of investors and fund backers along with the plans for setting up the fund.
I would really appreciate inputs from experienced people.
I valued it at around $40k.

Comments (25)

Most Helpful
Mar 4, 2019

Are you not the same clown that came on this forum less than 6 months ago asking almost word-for-word the exact same thing you just asked? I'll just re-post what I posted last time: This isn't the right place - there's no selling of hedge funds here.

And you "valued it" wrong, because it's worth closer to $0. A $300 LLC formation, 30 minute consultation on legal zoom and an excel file with some names in it isn't worth $40k.

    • 10
Controversial
Mar 4, 2019

Thanks

    • 14
Mar 4, 2019

Can you give bananas?

    • 8
Mar 4, 2019
xWallStreet:

Hi,
I setup an Investment management firm March 2017. Setup a few brokerage accounts and got regulatory approvals and stuff.
But later decided to not pursue with the fund.
I am now looking to sell my LLC and the contact lists of investors and fund backers along with the plans for setting up the fund.
I would really appreciate inputs from experienced people.
I valued it at around $40k.

please walk me through your valuation

    • 2
Mar 4, 2019

you discount the cash flows bro

    • 1
Mar 4, 2019

It costs around $30000 to set it up professionally.

    • 6
Mar 4, 2019

Lol

I'll buy it...

$3.50 best I can do

Mar 4, 2019
FinancelsWacc:

Lol

I'll buy it...

$3.50 best I can do

Okay you're done

Mar 4, 2019

I'm tree fiddy bid

Mar 4, 2019

If someone took it off your hands for free, they'd be doing you a favor, so you wouldn't have to shut it down.

How much did you spend in legal fees to set this up?

Mar 4, 2019

Around $30000, I got it done professionally.

    • 2
Mar 4, 2019

Also, Thanks for holding on to your sanity, unlike others..

    • 3
Mar 14, 2019

Are you the real Fuld from Lehman? hehe.

Mar 5, 2019

A gentleman has offered to find a buyer for the LLC.

    • 3
Mar 5, 2019

Great help for me.

    • 4
Mar 13, 2019
Comment

just google it...you're welcome

    • 2