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Hi Adora, I am quitting my fulltime job to found my own startup in the fall, and I am working almost a fulltime per week on my own time to prepare the product f
by throwawayschool 8y ago
Hi Adora, I am quitting my fulltime job to found my own startup in the fall, and I am working almost a fulltime per week on my own time to prepare the product for the future startup.
1. Can I still apply if I have a fulltime job in addition to working on my startup?
2. Must the company be established before the program starts, or can it be established a few weeks later?
3. Do you expect the product to be launched during the program, or can it be launched later this year?
Thanks
- adora 8y agoThat's exciting to hear! 1. Yes, definitely. 2. No, it doesn't have to be established yet. In fact, we're working with Stripe Atlas, who will help you incorporate and set up your company bank account. 3. Depending on your idea, we'd likely encourage you to launch _something_ during the program. But if you're auditing, you're on your own timeline.
- jacquesm 8y agoIf I can give you one hot tip it is not to quit your fulltime job until you have something in terms of traction to ensure you're not killing your runway waiting through the 'valley of despair'.
- JustSomeNobody 8y agoSome employment contracts have IP clauses that make the claim that anything you create before, during or after hours while employed is theirs, so maybe it makes sense in that regards.
- jacquesm 8y agoRead the parent comment again, GP is long past that stage. If it worked so far it will work a little bit longer.