If they are doing bad why buy them on the w taiwan email list ay down? Just wait until they have crashed and burned, then go and buy what is left from the owner at that time. There is no point in paying to lose money, when you can get the venture at rock bottom after they go belly-up. Besides, the company has only one direction to go in after that. My 3rd rule: Grill them hard. Who cares if they say it could, or should, become something bigger.

It is an excuse made for suckers who accept it as their answer to buy. Only care about what is happing now, not what could happen in the future. When looking at any venture you want to get all the data you can. If the company was started 12 months ago then get all 12 months of financials, broken down by income source and expenses month-by-month. Never accept lumped expenses, estimations, or yearly sums in a case like this.