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> how to proceed before the team starts on building this tool. So far, neither you nor your company have built anything. Relative to the Market opportunity. T
by JSeymourATL 6y ago
> how to proceed before the team starts on building this tool.
So far, neither you nor your company have built anything.
Relative to the Market opportunity. This platform could be a nice new line-of-business for your firm with the potential for a carve out down the road. Build your business case and pitch the CEO on the Big Idea.
Incidentally, worth checking if that $50K seed money comes with any restrictions. Obvious, conflict of interest if future potential customers are his direct competitors.
- throwaway12983 6y agoWithout giving away too much information, due to my company's financial backing and long-term goal(s), I'm very doubtful that this is something they would be looking to build and sell, or invest in (outside of their use case). Good point about checking for strings attached to the seed money though, I don't know off the top of my head but will need to find out.