Hi,

On 2006-02-02, at 13:07 , Steven Pauwels wrote:



I am not quite sure that we see the same thing when talking about a business. How substantial are their funds? The thing is... I could use the possibity to access some venture capital from major investors on EU market if presented a good project.


I see. Let's see if we are talking about the same thing. And believe me, enough supposed venture capitalists have contacted me to dig a new valley :-) OOo is a project whose development is primarily funded by Sun and contributed to by Intel, Google, Novell, and others. It does not have independent existence as a legal entity. Our discussions here concern the creation of a bank account associated with a managing body that would handle funds for marketing events. The proposal submitted to the Council would go beyond marketing.



What I want to do is give the opportunity to projects that have a good technical base for their project, to benefit from experience of the board of that company to get it in to the open. A good marketing strategy for a project that feeds a need in the market will receive all necessary funds.

Support and integration will be the commercial side of the company.

Hm. Where to start... If I understand you correctly, you are suggesting a company that would market project X and manage the funds. The proposal I just sent to the CC would do that. I would see it as self-sustaining, too: money made would sustain it. My notion is that that money made would go to the relevant project. The issue is managing the fund--that's a pain and a professional is desired-- and also the relationship b/w it and OOo, but that last part is less of a concern.

Does this accord with what you had in mind? I don't really see it as a "business"; I see it rather as an nonprofit whose goal is to accomplish some things. I see it as a *tax deductible* nonprofit because it would also be furthering goals that help society.

best

Louis

Steven P.





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