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Ask HN: Is it legal to start a business that requires 0 customers?

8 点作者 whoisjohnkid大约 7 年前
I’m currently developing a trading system that is only utilizing my personal funds. I’m considering starting a business who’s sole purpose is to utilize those funds to keep making money.<p>I’m not interested in starting a hedge fund at this point of time.

4 条评论

techjuice大约 7 年前
Yes, you can create a business that requires no customers. Many people do this to enable them the ability to conduct B2B transactions as it is much easier to do so (e.g. buying several homes, automobiles, buildings, cities, yachts, other businesses, land, property, for financing, legal groups, owner of a single website or network of sites, software, etc.).
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DoreenMichele大约 7 年前
I am not clear what you are up to, but you might want to read up on what Warren Buffet did in his youth. He kept investors in his fund below some cut off point that would have required him to register it or something. I think the cut off was around 100 people.
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iamdave大约 7 年前
It sounds like you&#x27;re describing a <i>mutual</i> fund, instead of a hedge fund?<p>If your system is profitable though-or more importantly: <i>consistent</i>, you may realize more personal revenue by selling that system to traders; failing that-if you have any programming skills create an EA (Executive Advisor) for the MetaTrader platform that uses your trading system and sell <i>that</i>.<p>But good luck to you regardless, trading systems fascinate me.<p>(I&#x27;m personally curious to learn about your system though, as a hobbyist forex trader. My twitter handle is in the profile, if you&#x27;d like to DM me there. My personal system combines MACD, RSI and Bollinger Bands)
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SirLJ大约 7 年前
It is absolutely legal, I have been doing it for years, talk to your accountant and lawyer on how to minimize your income taxes... do not sell your idea, it will be arbitraged away if too many people&#x2F; money are trading the same way...