do high networth people surf the Net?

8 replies
hello

I am beginning to believe most high net-worth investors are not surfing the web.

Not your average "business opportunity seeker (I am never deal with them again.) but I am talking big investors/business owners etc...that have a spare $100K+ to "play around with."

Do they bother online? Or all in the casino/golf course? Any thoughts?

thank you
#high #net #networth #people #surf
  • Profile picture of the author ronrule
    Online, but you'll never find venture capital the way you're thinking.
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    Ron Rule
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  • Profile picture of the author trader909
    oh..who mentioned V.C.?

    thanks
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    • Profile picture of the author ronrule
      Originally Posted by trader909 View Post

      oh..who mentioned V.C.?

      thanks
      You did, when you mentioned you wanted to find someone with $100K to "play around with".

      No one thinks that way.
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      Ron Rule
      http://ronrule.com

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      • Profile picture of the author Kay King
        Not quite - I know people who "play around" with six figures...in casinos for entertainment.

        Some of those same people tell me about their business - and they do surf the net (for entertainment and shopping). When they "play around" with six figures in business...they invest with people they know or with people who have been recommended to them by people they know.
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  • Profile picture of the author jbsmith
    Sure they do, depends on the market and context.

    For example, I know a high-end financial advisor that deals with 100's of high net worth clients, they are mainly 50+ years old, prefer to deal with their financial matters directly with a trusted advisor but sure they do surf the net for other stuff and spend their money.

    More important is to identify the key market and business you want to operate in, then go after the top 20% rather than trying to lump high net worth people into the same bucket.

    Jeff
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  • Profile picture of the author Horny Devil
    Banned
    Sure they do. It's how many of them made their money. But you probably wouldn't recognise them as some are in disguise - to keep the vultures away.


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  • Profile picture of the author Steve Groom
    If, as your user name might suggest, you are looking to take them into trading, I would say forget it. That is unless, you have - a blindingly cool office that isn't an accommodation one, you have a lawyer that is respectable, you are fairly wealthy yourself and look it... last but by no means exhaustive, you are FSA regulated.

    I dealt with a lot of HNWI in Switzerland through a company I was with, no hotel meetings except for meet and greet, always had a private banker and a lawyer present, and no bullshit, complete transparency.

    Not casino's but I knew someone that did a lot on golf courses.

    They do not surf looking for opportunities, they mostly do not spend their dough willy nilly, it is always well thought out, they want to stay rich...

    If you looking for fast and flash money, then it's Geneva - hunting ground there is the president wilson hotel and then the four seasons - mostly new rich, arabs etc

    For old money [proper money] it's Lausanne, but if you ain't got an in, then forget it.

    Either place, you need to get a proper lawyer out there first, if your idea is sound they might have a few people they can talk to.

    Anything is possible, business wise, in Switzerland, but you need money to front yourself first or you just looking in at the candy.

    Oh, In London try The Lamb [pub] in Leadenhall market or opposite if it still there - brokers, if you a chatty person you will meet someone that knows someone
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  • Profile picture of the author jessegilbert
    Banned
    I think a lot of them may actually use LinkedIn. Might be a good way to find and contact them.
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