VENTURE EXCHANGE SYSTEM

• US 20100268667A1
• Filed: 03/26/2010
• Published: 10/21/2010
• Est. Priority Date: 04/16/2009
• Status: Abandoned Application

• Current Assignee: Adrian Siu-Cheuk Wu, Anthony Gerald King
• Original Assignee: Adrian Siu-Cheuk Wu, Anthony Gerald King
• Inventors: Wu, Adrian Siu-Cheuk, King, Anthony Gerald
• Application Number:
  US12/732,756
• Publication Number:
  US 20100268667A1
• Time in Patent Office: Days
• US Class Current: 705/36.R
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis

Abstract

The Venture Exchange System uses a hardware server to connect investors and entrepreneurs over the network. The Exchange system allows the investors to invest money in business plans in a secure fashion and allows the investors to exchange security interests in business plans which they have invested in with other investors using the same system.

Claims

1. ) A method for connecting investors and investees comprising the steps of:

receiving a business plan profile from an entrepreneur;

determining if said business plan profile meets a set of objective criteria;

placing said business plan in a database comprising investable business plan profiles when said objective criteria are met;

displaying business plan profiles in said database on a portal in response to a user request;

receiving investment money from an investor, associating said investment money with said business plan, and issuing an amount of security interests in said business plan profile to said investor where said amount of security interests is proportional to said investment money;

isolating all invested money associated with a business plan in a secure firebox account, controlled by a fiduciary separate from investors and investees; and

distributing a portion of said money from said secured firebox account to an entrepreneur associated with the business plan associated with said money when a set of predetermined conditions are met.

2. ) The method of claim 1, wherein said business plan comprises an investment management plan.

3. ) The method of claim 1, wherein said business plan comprises a startup business plan.

4. ) The method of claim 1, additionally comprising the step of accepting a users review and ranking of a business plan profile.

5. ) The method of claim 4, additionally comprising the step of posting said review and ranking on said portal.

6. ) The method of claim 1, additionally comprising the step of accepting a business plan profile update from said entrepreneur and modifying said business plan profile to conform with said business plan profile update.

7. ) The method of claim 1, additionally comprising the step of displaying advertisements relevant to said business plan profile alongside said business plan profiles on said portal.

8. ) The method of claim 1, wherein said security interests comprise at least one of debt based security interests, equity based security interests, or structured form security interests.

9. ) The method of claim 1, wherein said portal is connected to a network of people and organizations.

10. ) A method for connecting investors and investees comprising the steps of:

receiving a business plan profile from an entrepreneur;

determining if said business plan profile meets a set of objective criteria;

placing said business plan in a database comprising investable business plan profiles when said objective criteria are met;

displaying business plans in said database on a portal in response to a user request;

receiving investment money from an investor, associating said investment money with said business plan profile, and issuing an amount of security interests in said business plan profile to said investor where said amount of security interests is proportional to said investment money;

providing an interface on said portal where at least a first and second investor may post security interests owned for trade;

providing an interface on said portal where said at least a first and second investor may browse said posted security interests for trade; and

facilitating an exchange of posted security interests between said at least a first and second investor.

11. ) The method of claim 10, wherein said business plan profile comprises an investment management plan.

12. ) The method of claim 10, wherein said business plan profile comprises a startup business plan.

13. ) The method of claim 10, wherein said portal is connected to a network of people and organizations.

14. ) The method of claim 10, wherein said security interests comprise at least one of debt based security interests, equity based security interests, or structured form security interests.

15. ) A system for connecting investors and investees comprising;

a central hardware server;

a user interface connected to said central hardware server through the network; and

said central hardware server comprising a computer readable medium storing instructions for performing the steps of;

receiving a business plan profile from an entrepreneur;

determining if said business plan profile meets a set of objective criteria;

placing said business plan profile in a database comprising investable business plans when said objective criteria are met;

displaying business plan profiles in said database on a portal in response to a user request;

receiving investment money from an investor, associating said investment money with said business plan profile, and issuing an amount of security interests in said business plan profile to said investor where said amount of security interests is proportional to said investment money;

providing an interface on said portal where a first and second investor may post security interests owned for trade.

16. ) The system of claim 15, wherein said computer readable medium further comprises instructions for performing the step of providing an interface on said portal where said first and second investor may browse said posted security interests for trade.

17. ) The system of claim 16, wherein said computer readable medium further comprises instructions for performing the step of facilitating an exchange of posted security interests between said first and second investor.

18. ) The system of claim 15, wherein said computer readable medium further comprises instructions for performing the step of isolating all invested money associated with a business plan in a secure firebox account.

19. ) The system of claim 18, wherein said computer readable medium further comprises instructions for performing the step of distributing a portion of said money from said secured firebox account to an entrepreneur associated with the business plan associated with said money when a set of predetermined conditions are met.

20. ) The system of claim 15, wherein said security interests comprise at least one of debt based security interests, equity based security interests, or structured form security interests.