“If it is not the best idea you’ve ever heard I’ll pay you 4 your time!”

Apparently this fellow was hanging around Wall Street this afternoon. We tried the number but it went through to voicemail. As it sounds like a can’t lose strategy you don’t want to miss, we’ll keep trying. Fingers crossed he gets back to us. (As for the math- presumably the $10 million/year figure takes management fees into account?)

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Comments (39)

  1. Posted by Anonymous | June 20, 2011 at 9:54 PM

    iPhone app that allows you to order your cheeburger, cheeburger, cheeburger remotely.  The $250k is to build out the “No Coke, Pepsi” module and pay Appstore’s platform fees.

    -The ghost of John Belushi

  2. Posted by Phil_F | June 20, 2011 at 10:05 PM

    Pls knock on the front door, say hi to the pig on your way up. And don’t get freaked out by Wilbur playing the piano.

  3. Posted by Anonymous | June 20, 2011 at 10:08 PM

    His name is Will.  I talked to this guy for a few minutes because everyone deserves to be heard. Maybe he had something amazing; the only risk was losing a few minutes time.  So he pulls out his phone and shows me the most amazing app I have ever seen in my life.  I look at him and say “this is great I would love to help you get this started but what is the catch? There has to be a reason why this isn’t available right now.”  

    Will looks at me and says “The only problem is that the app interferes with GPS signals but who needs that shit!”

  4. Posted by Virus Breeder | June 20, 2011 at 10:13 PM

    718 area code, that’s Brooklyn and Staten Island. Mwahahahahahahahahahahah

  5. Posted by Put_Option | June 20, 2011 at 10:18 PM

    Pump the breaks

  6. Posted by Bernie Madoff | June 20, 2011 at 10:18 PM

    That’s my son!! Following in his dad’s footsteps I’m so proud.

  7. Posted by Guest | June 20, 2011 at 10:25 PM

    You’re going to hurt yourself.

  8. Posted by Anon | June 20, 2011 at 10:26 PM

    Because without that hint we were all under the impression this guy was bunking at 740 Park.

  9. Posted by Guest | June 20, 2011 at 10:28 PM

    Obviously works for GSAM.

  10. Posted by Texashedge | June 20, 2011 at 10:33 PM

    [clapping]

  11. Posted by Guest | June 20, 2011 at 10:35 PM

    As nuts as this may appear, I guarantee you some guys thought for a second about 40x when they got back to their office and wished they’d at least stopped.

  12. Posted by Sultan Of Stamford | June 20, 2011 at 10:41 PM

    Now there is a gentleman with civic driving upper management written all over him. 

  13. Posted by CDC Jr., IV | June 20, 2011 at 10:50 PM

    It might be illegal –  advertising private placements for general public is.

  14. Posted by - Aspiring Quant - | June 20, 2011 at 10:56 PM

    2.5% is pretty steep, if he’s charging 20% of performance too..

  15. Posted by trojan | June 20, 2011 at 11:02 PM

    Step 1. Design App
    Step 2.
    Step 3. Profit

  16. Posted by trgue | June 20, 2011 at 11:39 PM

    It could be worse… it could’ve been 929.

  17. Posted by Anonymous | June 21, 2011 at 12:00 AM

    there should have been a CFA vs MBA tag on this post

  18. Posted by Guest | June 21, 2011 at 12:21 AM

    it’s also bronx and queens. welcome to the greater nyc metropolitan area. i hope you get a FT offer at the end of the summer.

  19. Posted by paymebiatch | June 21, 2011 at 12:23 AM

    Did he end up paying for anyone’s time?

  20. Posted by Guest | June 21, 2011 at 12:38 AM

    No worries, he’ll probably fall under Reg D

  21. Posted by Anonymous | June 21, 2011 at 1:15 AM

    UBS still sucks

  22. Posted by Harvard_baller | June 21, 2011 at 1:27 AM

    I would have probably stopped to see what he had to say. 

  23. Posted by Anonymous | June 21, 2011 at 1:29 AM

    I’m in just as soon as my Sino-Frest trades settle.

    J. Paulson

  24. Posted by Guest | June 21, 2011 at 1:57 AM

    It was a “jump to conclusions” app.  You see, it would be this app that you would put on the phone… and would have different CONCLUSIONS written on it that you could JUMP TO.

    - Tom Smykowski

  25. Posted by We Got The Pig | June 21, 2011 at 1:59 AM

    My God! This should have been where we put our money.
    -Every Harbinger LP

  26. Posted by Guest | June 21, 2011 at 2:37 AM

    I heard STONE was a flopp but this ridiculous! Edward Norton really needs to get his shit together.

  27. Posted by Jurisper | June 21, 2011 at 8:35 AM

    If you ever worked early stage venture, you would definitely not stop to talk to this guy.

    You’d wait until he made an appointment to see you, like all the other woo-woo’s.

  28. Posted by HFguy | June 21, 2011 at 8:51 AM

    Maybe he should have started with an app that produced a readable poster .. he seems as genuine as the people he is peddling his wares to.

  29. Posted by Guest | June 21, 2011 at 12:22 PM

    Waiting for advice from AIG Quant before I invest.

  30. Posted by AIG Risk Manager | June 21, 2011 at 1:13 PM

    I just maxed out all my credit cards and handed this fine young man a bown paper bag with 250k in it. Bahamas here we come

  31. Posted by Wire | June 21, 2011 at 1:18 PM

    Including your Chase debit card?

  32. Posted by Snoop | June 21, 2011 at 2:37 PM

    A bit of googling identifies him as Serge Kannon. Also into selling dj tickets and used cars.

  33. Posted by +1 | June 21, 2011 at 5:26 PM

    hazah sir

  34. Posted by Virus Breeder | June 21, 2011 at 5:38 PM

    Pump your mother cocksuckers.

  35. Posted by streethockey | June 21, 2011 at 6:50 PM

    Jesus, Rubin looks like crap.

  36. Posted by Guest | June 21, 2011 at 8:31 PM

    And he ran his own ebay shop!

  37. Posted by I'm a dude | June 21, 2011 at 9:52 PM

    i’m sure he’s got a disclaimer written on his t-shirt right next to jimi hendrix

  38. Posted by Lord Humongous | June 22, 2011 at 1:43 AM

    Bess, any relation?

  39. Posted by cheap oem software | April 27, 2012 at 3:48 AM

    UUEGHf Wow, great article.Really looking forward to read more. Much obliged.

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