Searching \ for '[OT:] Seeking Partner In PIC Venture' in subject line. ()
Make payments with PayPal - it's fast, free and secure! Help us get a faster server
FAQ page: www.piclist.com/techref/microchip/devices.htm?key=pic
Search entire site for: 'Seeking Partner In PIC Venture'.

Exact match. Not showing close matches.
PICList Thread
'[OT:] Seeking Partner In PIC Venture'
2004\10\29@133031 by Matt Redmond

picon face
Hi All,

I might be smoking crack, but...

I'm looking for a partner in a new venture that will revolve around an electronic product (or several) that can be PIC-based.  At this time, the venture exists only in my head and it has no sales, no income and no assets other than a dream of riches (or what would pass for riches in my world).  I do have venture capital connections but since the dot-com bubble burst they are costly in that they demand equity-type rewards with debt-type security - not exactly fair in my book.  So for the time being I want to bootstrap this thing.

I am looking for a full-on partner rather than just here-and-there engineering assistance.  The work can be done on a part-time basis and there are no firm deadlines - though I'd like to get moving soon.  The market for these products exists already (i.e., there are a few players in the field) but isn't saturated and is still immature - there is plenty of opportunity left.  We will be creating the next generation of a product others are successfully selling now.  We will be competing with a few small companies - this is not a mass-market consumer electronics gadget, it serves a niche market.   There is definitely profit potential - the largest player in the space did roughly $15M in sales last year and is enjoying strong growth.

Up until now I've been doing this on my own.  I haven't gotten very far, due mostly to the learning curve involved.  I realize now that if this is ever going to happen I need help - I'd rather have half a watermelon than a whole grape...  Shooting from the hip, what I propose is incorporating a new entity and dividing the equity in the company equally with my partner, reserving some equity to share with other partners or venture capital sources.  No capital contribution is necessary, keeping in mind we will both have our stakes diluted if we later need to raise money.  All aspects of the company and its operations will be completely transparent to both my partner and me - i.e., we'll be partners.

About me:  I'm a full-time software developer for a financial services firm.  I primarily code in C# now but used to use VB.   I'm about equally competent in windows app, web site and web service creation.  I have some PocketPC development experience too.  I'm not great with component-level hardware as a search of the PICList will reveal - junior hobbyist level at best.  I'm 33, engaged to a sweet first-grade teacher, have perfect credit and take care of the crawlers at church on Sunday.  I've got character references all over the place (not my dog!) and will be happy to share them.


My Ideal Partner:

- Works full time for a company (i.e., not self-employed*) in an engineering role.
- Is very competent in electronics design and component selection.
- Is very competent in PIC programming, preferably in C (because I can read it).  Some flavor of BASIC could work too.
- Is very competent in PCB design.
- Has some knowledge or experience with outsourcing board fabrication and population (Asia?).
- Has some knowledge or experience with small injection molded enclosure design/sourcing.
- Owns own test equipment, PIC programmer and compiler(s).
- Is willing to enter into non-disclosure and non-compete agreements before details are fully disclosed (we will conflict-check first).
- Is willing to share something of a product portfolio and/or resume.
- Can devote limited amounts of evening/weekend time to getting this off the ground.
- Is willing to treat this project as his own (it will be).
- Can accept the fact that as owners of the company, neither of us will pocket a dime until units sell.
- Is honest and of good character.
- Isn't overly anxious, stressed-out, pessimistic or hard to get along with.
- The closer to Dallas the better, but this isn't absolutely necessary.  Would be nice to discuss stuff over beer (or whatever).

Varying levels of competence in the above areas is okay - nothing is set in stone.  But I can't afford to give half of this away to a hobbyist who just dabbles in electronics.  If there was time to accommodate learning curves I'd be doing the hardware myself!

Partner's role:  Design the hardware, do the PIC programming, and figure out how/where to get the things manufactured, keeping unit costs as low as possible without compromising quality.

My role:  Develop companion Web and PC software (the device has important internet-related features and can also be programmed with a PC), provide network hardware and infrastructure to support the devices and the business, fund incidental expenses (prototype manufacture, etc...) with small loans to the company, arrange venture capital if needed, and put together a sales network.

I see the relative workloads as roughly equal in terms of time.

If the above sounds interesting to any of you & you think you might make a useful addition to this project, please contact me off-list at spam_OUTmdredmondTakeThisOuTspamcharter.net with a quick summary of your background and experience.  If you don't mind, please also send either the name of your employer or the area of business they are in.  I absolutely WILL NOT contact your employer for any reason without your explicit prior permission - I just need to make sure I'm not talking to someone who works for a competitor or potential competitor.  

I am cross-posting this to a couple PIC-related lists - please no flames.

Thanks!

-matt redmond



*Owing mostly to the fact that self-employed people have zero spare time


____________________________________________

2004\10\29@150138 by Bob Axtell

face picon face
Matt Redmond wrote:

>Hi All,
>
>I might be smoking crack, but...
>
>I'm looking for a partner in a new venture that will revolve around an electronic product (or several) that can be PIC-based.  At this time, the venture exists only in my head and it has no sales, no income and no assets other than a dream of riches (or what would pass for riches in my world).  I do have venture capital connections but since the dot-com bubble burst they are costly in that they demand equity-type rewards with debt-type security - not exactly fair in my book.  So for the time being I want to bootstrap this thing.
>  
>

For 1st-level investments, I like to contact Doctors or Dentists. They
have a LOT of extra cash and they aren't doing very well in stocks OR
bonds right now. But they WILL want a piece of the action...

>I am looking for a full-on partner rather than just here-and-there engineering assistance.  The work can be done on a part-time basis and there are no firm deadlines - though I'd like to get moving soon.  The market for these products exists already (i.e., there are a few players in the field) but isn't saturated and is still immature - there is plenty of opportunity left.  We will be creating the next generation of a product others are successfully selling now.  We will be competing with a few small companies - this is not a mass-market consumer electronics gadget, it serves a niche market.   There is definitely profit potential - the largest player in the space did roughly $15M in sales last year and is enjoying strong growth.
>  
>
Nice appeal. You might find somebody.

>Up until now I've been doing this on my own.  I haven't gotten very far, due mostly to the learning curve involved.  I realize now that if this is ever going to happen I need help - I'd rather have half a watermelon than a whole grape...  Shooting from the hip, what I propose is incorporating a new entity and dividing the equity in the company equally with my partner, reserving some equity to share with other partners or venture capital sources.  No capital contribution is necessary, keeping in mind we will both have our stakes diluted if we later need to raise money.  All aspects of the company and its operations will be completely transparent to both my partner and me - i.e., we'll be partners.
>
>About me:  I'm a full-time software developer for a financial services firm.  I primarily code in C# now but used to use VB.   I'm about equally competent in windows app, web site and web service creation.  I have some PocketPC development experience too.  I'm not great with component-level hardware as a search of the PICList will reveal - junior hobbyist level at best.  I'm 33, engaged to a sweet first-grade teacher, have perfect credit and take care of the crawlers at church on Sunday.  I've got character references all over the place (not my dog!) and will be happy to share them.
>
>
>  
>
Well, you'll have a tough time if your dog doesn't have good
references.... <g>

>My Ideal Partner:
>
>- Works full time for a company (i.e., not self-employed*) in an engineering role.
>- Is very competent in electronics design and component selection.
>- Is very competent in PIC programming, preferably in C (because I can read it).  Some flavor of BASIC could work too.
>  
>
Many folks here are ASM folks. Why not write a flow-chart spec? The ASM
programmer can comment it to match.Better than C.

>- Is very competent in PCB design.
>- Has some knowledge or experience with outsourcing board fabrication and population (Asia?).
>- Has some knowledge or experience with small injection molded enclosure design/sourcing.
>  
>
Be advised that even soft (aluminum) molds are $6000-$10000. Very
expensive to make, even in Asia, especially if it has to be modified a
few times.

{Quote hidden}

Good luck!

>Thanks!
>
>-matt redmond
>
>
>
>*Owing mostly to the fact that self-employed people have zero spare time
>
>
>_____________________________________________


'[OT:] Seeking Partner In PIC Venture'
2004\11\01@125859 by Lawrence Lile
flavicon
face
part 1 8453 bytes content-type:text/plain; (decoded quoted-printable)

Bob,
Here is a page of info about some of the products I have designed.  The commercial products include auto-shut-off steam irons, toasters using analog electronics, toasters using microcontrollers, toaster ovens and convection ovens, wafflemakers with beepers, and some others.
Meanwhile I also built about 40 lab test fixtures.  These one-offs were generally designed to meet the specifications of some UL test or internal company quality guideline. These include electrical noise testers, mechanical force testers, coil winders, mechanical stress tests robots, production bed-of-nails testers, or automated tests using PC's and external analog data acquisition modules. Many of the test fixtures took as much time and effort to design and build as a commercial product.  
And, of course, I am also a hobbyist.  I am currently working on a robot lawnmower, among other things.  
-- Lawrence Lile, P.E.
Electrical and Electronic Solutions
Project Solutions Companies
http://www.projsolco.com
573-443-7100 ext 221

> {Original Message removed}

2004\11\01@160123 by Jinx

face picon face

> In the immortal words of Homer Simpson, "D'Oh!"
>
> -- Lawrence Lile, P.E.

The attachment was not uninteresting - hardly salacious or
intriguing though, which was a disappointment after such a
wait ;-)

I'm surprised it got through the PIClist server. ISTR previously
there was a cap on file size

____________________________________________

2004\11\01@174136 by Mauricio Jancic

flavicon
face
There is a filter, in fact, I received a request to approve de message, but
when I go to the server the message was already approved by someone else. I
guess that someone just click without noticing the attach.

Mauricio Jancic
Janso Desarrollos
Microchip Consultant Program Member
(54) 11-4542-3519
infospamKILLspamjanso.com.ar
http://www.janso.com.ar


>>{Original Message removed}

2004\11\01@174504 by Lawrence Lile

flavicon
face
I apologize, Jinx, next time I will send a novel with a better plot, and less megabytes, such as War and Peace.  


-- Lawrence Lile, P.E.
Electrical and Electronic Solutions
Project Solutions Companies
http://www.projsolco.com

> {Original Message removed}

2004\11\01@182503 by Alexandre Guimaraes

face picon face
   I am the one to be blamed...... I saw the attachment but did not see the
size of it !! And Lawrence is such a well know person to all of us that I
really messed up and approved the message :-(

   I am trully sorry... I will pay more attention next time I see a
attachement waiting for approval...

   "D'Oh !"

Best regards,
Alexandre Guimaraes

----- Original Message -----
From: "Mauricio Jancic" <.....infoKILLspamspam.....janso.com.ar>
To: "'Microcontroller discussion list - Public.'" <EraseMEpiclistspam_OUTspamTakeThisOuTmit.edu>
Sent: Monday, November 01, 2004 7:41 PM
Subject: RE: [OT:] Seeking Partner In PIC Venture


{Quote hidden}

>>>{Original Message removed}

2004\11\01@194608 by Matthew Miller

flavicon
face
Lawrence, I wish you the best in your venture, but please don't attach
multi-megabyte files to your posts. I'm a poor boy who lives out in the
country and the modem speeds out here suck! The best thing to do is provide
a URL to the large file to be downloaded.

Take care, Matthew.

--
"[In] my era everybody smoked and everybody drank and there was no
drug use" -- DEA Chief Thomas Constantine, July 1, 1998
____________________________________________

2004\11\01@211923 by James Newtons Massmind

face picon face
It's a mistake any of us could have made. No stress.

---
James.



{Quote hidden}

____________________________________________

2004\11\02@005458 by Russell McMahon

face
flavicon
face
> I might be smoking crack, but...
>
> I'm looking for a partner in a new venture ...

I wish more people would post such interesting requests and get such
interesting responses as Lawrence's.
(It helps to be on (slow) broadband and have it trickle down unnoticed
during my night-time)
I hope it works out for Matt and whoever else. gets involved. Apart perhaps
from one significant foundational difference * LL sounds like the ideal sort
of partner that one would want in a venture like this.



       RM

* Relates indirectly to the crawlers. Maybe an opportunity though :-).




____________________________________________

2004\11\02@022103 by Jinx

face picon face

> I apologize, Jinx, next time I will send a novel with a better plot,
> and less megabytes, such as War and Peace.  

Okely-dokely. 120 pages, double-spaced, attn Ron Howard,
with an option for screenplay by Stephen King

"Lawrence Lile, The Movie. Part II - This Time It's Portable",
starring (insert hunk-a-spunk male lead) as mild-mannered but
tortured appliance specialist Lawrence Lile

On a routine secondment to the Cookware Industry Alliance (the
other CIA) to fine-tune a stealth toaster (played by Rob Schneider),
Lile unwittingly gets involved in a hackneyed-plot-pointless-romantic-
entanglement-yadda-yadda-yadda-straight-to-video-4-for $2-bin-
free-Coke

"5 stars, two thumbs up, see this movie. You don't have to like
it, I just want the 10 bucks" - L. Lile, reviewer, Project Solutions
Gazette & Shopper's Guide

"That's true, he really does", Manny Goldfarb, agent

"Sorry, I only appear as a film reviewer in Monty Python
sketches", Gavin Millaaaarrrrddd

==================================

What ? Why are you all looking at me like that ? You daydream
a lot while you're welding  ;-)) ....

____________________________________________

2004\11\02@073958 by Dennis Crawley

flavicon
face
James Newtons Massmind wrote:
> It's a mistake any of us could have made. No stress.
>
> ---
> James.

:))) I have a modem connection. I went, blaming a lot, at loud, to web mail
to see Who was the m*** who,... you know the rest. When I saw the poster,
immediately thought there was an unintentionally mistake,... but it reminds
me an old Irish joke: :)



Two Irishmen were digging a ditch directly across from a brothel. Suddenly,
they saw a rabbi walk up to the front door, glance around and duck inside
Ah, will you look at that?" One ditch digger said. "What's our world comin'
to when men of th' cloth are visitin' such places?"

A short time later, a Protestant minister walked up to the door and quietly
slipped inside. "Do you believe that?" The workman exclaimed. "Why, 'tis no
wonder th' young people today are so confused, what with the example
clergymen set for them."
After an hour went by, the men watched as a Catholic priest quickly entered
the whore house. "Ah, what a pity," the digger said, leaning on his shovel.
"One of th' poor lasses must be ill."


http://www.fionasplace.net/irishjokes/religiousjokes.html

human!

Dennis Crawley


____________________________________________

2004\11\02@090707 by alan smith

picon face
hmmmm...took all of.....5 seconds to download....not a
big deal (ok..so I have a fast connection)


__________________________________________________
Do You Yahoo!?
Tired of spam?  Yahoo! Mail has the best spam protection around
http://mail.yahoo.com
____________________________________________

2004\11\03@083713 by Lawrence Lile

flavicon
face
I will apologize again for sending this to the list instead of it's intended recipient.  I never send any attachment to the list unless it is by mistake.  Let's close this thread and talk about electronics, shall we?

-- Lawrence Lile, P.E.
Electrical and Electronic Solutions
Project Solutions Companies
http://www.projsolco.com
573-443-7100 ext 221

> {Original Message removed}

2004\11\03@083818 by Lawrence Lile

flavicon
face
>* LL sounds like the ideal
> sort
> of partner that one would want in a venture like this.


Thanks, Russell, can I hire you as my ad agency?

-- Lawrence Lile, P.E.
Electrical and Electronic Solutions
Project Solutions Companies
http://www.projsolco.com

---
Outgoing mail is certified Virus Free.
Checked by AVG anti-virus system (http://www.grisoft.com).
Version: 6.0.762 / Virus Database: 510 - Release Date: 9/13/2004


____________________________________________

2004\11\03@143639 by Bill & Pookie

picon face
As I often say, "Who among us has never dug up another dog's bone?"

Pookie

----- Original Message -----
From: "Lawrence Lile" <RemoveMEllileTakeThisOuTspamprojsolco.com>
To: "Microcontroller discussion list - Public." <spamBeGonepiclistspamBeGonespammit.edu>
Sent: Wednesday, November 03, 2004 5:32 AM
Subject: RE: [OT:] Seeking Partner In PIC Venture


> I will apologize again for sending this to the list instead of it's
intended recipient.  I never send any attachment to the list unless it is by
mistake.  Let's close this thread and talk about electronics, shall we?
>
> -- Lawrence Lile, P.E.
> Electrical and Electronic Solutions
> Project Solutions Companies
> http://www.projsolco.com
> 573-443-7100 ext 221

____________________________________________

More... (looser matching)
- Last day of these posts
- In 2004 , 2005 only
- Today
- New search...