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May 24, 2005
RedAdmiral - the (ficticious!) Cocoon company
Simula Labs "the Open Source venture partners" aims to find, nurture and launch Open Souce business ventures. They advertise as providing capital and operation infrastructure for Open Source enterprises. From the look of things they plan on finding the right Open Source projects and then capitalize on them by launching a company that then employs the key developers on the project. That company will then provide services around the Open Source project and in so doing provide Simula Labs with the necessary return.
So, for example: Simula Labs may think Cocoon is an ideal project to capitalize on. So they launch a company called - let's say "RedAdmiral". (Actually, RedAdmiral.com is taken, so it would have to be a different name). RedAdmiral launches with a "Leadership team" of: Carsten as VP Architecture, Sylvain will be VP Tools, Gianugo will be VP Sales and Andrew VP Executive Education.Stefano will be VP Cocoon vision (or something like that :-)).
And I'll take 10% for that idea, thank you very much. Life could be so simple sometimes.......
Posted by Matthew at May 24, 2005 09:05 AM
Comments
When you read about Simular Labs do you not think that they simply 'hire' the main programmers & keep the equity themselves?
Posted by: Steve at May 24, 2005 02:41 PM