SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Revision History For: Babb Enterprises, A new startup

No earlier versions found for this Subject.


Return to Babb Enterprises, A new startup
 
I am founding Babb Enterprises as a business incubator company which exists mostly in cyberspace. I will provide the seed money for startup and operate the company from the offices and computer system of OSA, Inc. a privately held company which I control. Except for the bare minimum physical presence required to exist, the new company will operate via the Internet with individual staff members located worldwide. Payment to all staff members will be part, or usually all, in stock options. Please note that I am looking for investments of talent and experience, not money, from prospective staff members.

The business model is:

1. Accept new company or product startup ideas.
2. Appoint a qualified team to explore the new idea.
3. Spin off startup companies to develop promising ideas.
4. IPO new companies.
5. The big payoffs will come as "founders stock" in the new IPO's

I am currently accepting applications for officers, directors, technical team leaders, legal officer, etc. In addition to being qualified for the position, you must meet the following conditions:

1. Not be encumbered by restrictions from your current employer.
2. Not have assigned your patent and invention rights.
3. Not be a felon.
4. Have necessary access to Internet.
5. Be open minded, creative, able to work with others.
6. Be willing to devote the necessary time.

This is as much as I will define of the company. Further definition will be made by its officers & directors when selected. Please post your ideas about this business model to the thread. You may apply for any position from the CEO on down by email to rab@babb.com.

Anyone interested?