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Thoughts on this business idea (New Revenue Stream) for my startup? - Printable Version+- Lookism (https://bookism.net)
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Thoughts on this business idea (New Revenue Stream) for my startup? (/showthread.php?tid=13823)Thoughts on this business idea (New Revenue Stream) for my startup? - brocode - 18-03-2023
On paper, Creating an Oman shell satellite company that handles data analytics contracts.
That company will use my startup's all in one dynamic_datalake-analytics-reporting software as their main BI (business intelligence) tool.
(already made a thread about this, just search startup by brocode and read my thread)
Why create a shell company? to prevent direct termination/by-passing any restrictions that Middle Eastern Governments and companies would've imposed on the company, be it because of Security reasons, Western Funding, etc.
The company will be doing sensitive business in Saudi and other Middle East Countries such as government contracts etc.
I could be selling all that data to the US Government this way.
Thoughts on this? this is essentially a new Revenue Stream since the platform subscription is the primary source of revenue.
Is it unethical? Yeah. But do the other companies do it? yeah. Is it Illegal? No.
I'm not selling data per se, some people just happen to see my data and they happen to donate me money, that's it.
RE: Thoughts on this business idea (New Revenue Stream) for my startup? - kathisterima - 18-03-2023
not gonna pretend I know anything about these things but it sounds like a silly concept
RE: Thoughts on this business idea (New Revenue Stream) for my startup? - brocode - 18-03-2023
(18-03-2023, 05:17 AM)kathisterima Wrote: not gonna pretend I know anything about these things but it sounds like a silly concept
it isnt
its just like how bytedance has a shell "tiktok" company for the outer world for its actual chinese product "douyin" and keeps it separate.