Re: is this a wise investment?
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I gotta say, if there were anyone that should do this (and I don't think there is, for all the aforementioned reasons), you are not the guy to do it. You sound like somebody's father, putting conditions on what kind of summer job they have to have before they can use the car.
Were I one of your "friends," and you came to me with this proposition, it's less than even money that I wouldn't punch you. Or, take you up on it and lose your money out of spite.
And, it's cheaper to buy your friends on Santa Monica Blvd., anyway.
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Hehe, yeah my terms are a bit strict. That's why I slowly reveal them.
Actually for someone who likes to play poker, likes to read about poker, and likes a free shot at making a hundred or more bucks, are the terms really that strict? Thinking more about it, they seem quite reasonable. From what I've read about backing deals (this month's magazine, Fossilman's webpage), it's a good idea to be as explicit as possible with these things.
Supposing you had to do this, how would you change the conditions?
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