Razrlite

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visits member for 1 year, 7 months
seen Oct 23 '11 at 20:49
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Oct
23
comment Finding institutional investment / VC while employed full time
I have well conceived business plan, and many professionals in industry and the funding world have agreed the concept is solid enough to turn it into a profitable business. I have already filed a provisional patent as well. It is a business that requires seed capital at minimum to build smartly and quickly, and to allow me to leave my day job behind while still drawing a modest salary. My question is whether I am putting myself at risk by searching for funding while still employed.
Oct
23
comment Finding institutional investment / VC while employed full time
I'm not sure where you get the idea that I have no track record. I have had two successful ventures in the past and have done exceptionally well building out a strong network within the venture community.
Oct
21
comment Finding institutional investment / VC while employed full time
Thanks for taking time to respond Robin. I am not a developer, so the code issue really doens't play and they concept is outside of the realm of the business I manage as well as what I would consider the core business of the coporation. My bigger concern was that if I produce other IP (File a provisional patent, create a business plan, etc.), can my employer claim rights to this and would a VC also be concerned about this, and shy away from the investment opportunity.
Oct
21
awarded  Student
Oct
21
asked Finding institutional investment / VC while employed full time