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August 20, 2006
Seattle Angel Seeks Co-founders
Paul the Seattle Angel says he will pony up the first $100K and he's looking for biz partners. Here are the details:
Seeking to establish a ‘founders’ group to collaborate in the launch and build-out of a new enterprise.
Scenario: 3 to 5 individuals of like mind will pool their skills to conceive, plan, fund, launch, build-out, and manage a new business.
Concept: Open – I have plenty of ideas but I’m open to yours. We will decide on opportunity and feasibility together. This may be the chance to realize your perfect idea.
Skill Set: This is largely dependant on the requirements of the final plan but a group that represents sales ability; finance and accounting; legal, tech and web design/development; marketing and promotion; imagination and commitment is a good way to begin. Key determinants – ability and compatibility.
To apply, email comments
Timeline: Depending on the rate of qualified respondents, I would like to select the team within 30 days and move directly to brainstorming, research, business plan and execution. We should look to present for funding or independently launch within 120 days.
Commitments: Once we find each other, an appropriate business structure, equity splits and employment agreements will be defined.
Location: This is in and around Seattle for the benefit of face-time but geography is generally open. I’m comfortable with the possibility of a virtual office operation.
Funding: I am willing to back the right team and plan with up to $100K. Hopefully, you will be able to put some skin in the game but sweat equity is an option and the right personality and talent will not be disqualified for lack of cash. Of course, we will need more than my contribution so Angel connections or other financing ability is a definite plus.
Compensation: revenue dependant executive salaries, benefits, and equity.
Personal Profile: I am a semi-retired business exec with the desire to get back into action. My work history is mostly media related. I have owned and managed - radio stations, a record and video label, and a film company. I have held executive roles in public and private companies (mostly private). General skills: experienced and capable in most aspects of management and operations, marketing, promotion, and advertising.
Contact: This is no hustle. I’m serious so let’s not waste anyone’s time. Let’s begin with an email reply (as brief or as broad as you choose) indicating your skill set and possible areas of contribution. Attach a resume if you like. All correspondence will be kept completely confidential. I will respond with a follow-up call.
Thanks for your interest and hope to hear from you.
Paul
Posted by Paul at August 20, 2006 09:29 PM
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