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> More to the point I am in awe of what you have accomplished on your own. Curious as to how you funded the work to date. The book value of your work, equipment
by monological 5y ago
> More to the point I am in awe of what you have accomplished on your own. Curious as to how you funded the work to date. The book value of your work, equipment procured and product development costs would have to be very substantial.
Thank you. It was a lot of hard work.
First off, I moved from the Bay Area to a cheaper city to cut back on my expenses. I was also able to get some seed money from family and I had some money saved up that I ended up using.
> Have you considered going down the aquihire path? Have you explored the option of selling the IP, etc to your former employer or one of their competitors?
Yes, I was approached by a former boss of mine from a well known semiconductor company. They were interested in purchasing a few units and having me work for them. I suggested they aquihire the company. They would get access to all the secret sauce IP and I could work for them. However, unfortunately they were not interesting in going that direction.
> Whatever you do, don't rush. You have created very valuable IP and deserve to profit from your years of dedication to your vision.
Good advice. I will only sell if the price is right and their vision matches with mine.