Teacher:In this task, you are given a text of many news articles seperated by special token "|||||". Your task is to summarize them.
Teacher: Now, understand the problem? Solve this instance: Startups are famous for setting big, hairy goals. Carmine “Tom” Biscardi wants to catch Sasquatch—and is planning an initial public offering to fund the hunt. 
  
 Mr. Biscardi and his partners hope to raise as much as $3 million by selling stock in Bigfoot Project Investments. They plan to spend the money making movies and selling DVDs, but are also budgeting $113,805 a year for expeditions to find the beast. Among the company’s goals, according to its filings with the Securities and Exchange Commission: “capture the creature... ||||| Bigfoot Project Investments, Inc. is about to add some mystery to the U.S. stock market by becoming a publicly traded company after years of small-time operations. 
  
 The company, owned by Carmine Biscardi, will follow in the footsteps of Twitter Inc. (NYSE: TWTR) by filing an IPO under the 2012 Jumpstart Our Business Startups Act. 
  
 The law allows emerging growth firms with less than $1 billion in annual revenue to host an initial public offering. Bigfoot Project more than qualifies with just $6,324 worth of sales and assets, mostly garnered by making movies selling DVDs. 
  
 Big Money For Bigfoot 
  
 In its filing with the SEC, Bigfoot Project said it hopes to raise $3 million, which the business will used to expand its movie making business and to “capture the creature known as Bigfoot.” 
  
 Several other Bigfoot themed businesses have been able to raise substantial amounts of money from supporters of the search, but the Bigfoot Project will be the first to aim for such a large sum. 
  
 Bigfoot Or Big Flop? 
  
 The venture is unlikely to garner much cash, though. Many Bigfoot enthusiasts say the Biscardi’s company makes a mockery of what they consider to be a serious pursuit. 
  
 Related Link: Brands Of Pot Emerge As The Industry Grows 
  
 In the past, Biscardi has been chastised by his peers after his sightings didn’t pan out, with some calling his company a mere publicity stunt. Investors who don’t believe Bigfoot exists are also expected to shy away as without the possibility of the creature’s capture on the table, the company is generating most of its revenue from DVD sales. 
  
 Still, some die-hard believers in the elusive Sasquatch may be willing to cough up the cash in hopes that Biscardi will finally capture Bigfoot. 
  
 Posted-In: 2012 Jumpstart Our Business Startups Act Bigfoot Project Investments Carmine BiscardiNews IPOs Markets Trading Ideas Best of Benzinga 
  
 © 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. |||||
Student:
If you trust the business sense of a guy who thought a rubber gorilla suit was a Bigfoot carcass, the Wall Street Journal may have uncovered an exciting investment opportunity for you. Tom Biscardi, the self-proclaimed "leading expert" on Bigfoot, has founded a firm called Bigfoot Project Investments and aims to raise $3 million by selling stock in an upcoming initial public offering. The company plans to make money through DVD sales, but its filings with regulators say it will also budget more than $100,000 a year to "capture the creature known as Bigfoot." As Benzinga notes, other "Bigfoot-themed businesses" have raised money from Bigfoot enthusiasts, but this is the first to try for such a substantial amount. Biscardi claims he has had multiple "up close and personal" encounters with the mythical creature, but he admits he was fooled by the gorilla suit. Analysts warn that profits from the venture could be as elusive as its namesake. "This would be the kind of thing where if you believed in Bigfoot, or you thought there really was a Bigfoot and you actually had some money to burn and wanted to play with this, then go for it," the president of Chapin Hill Advisors tells the Journal, which notes that when the Securities and Exchange Commission vets IPOs, it's more interested in accounting rules than the merits of the company or the existence of Bigfoot. (Who may, a researcher says, be living in Russia.)