Are you taking about getting IBM to help fund OGP?

There are some different useful levels of funding, which may be of
interest to discuss:

(1) None:  This is as it currently stands.  The plan is for me and my
partners to pay out of our own pockets to build prototypes of the
project board.  When we have those, with nice pictures on the web, we
start taking orders.  Given those orders, we get a bank loan to pay
for production, produce the products, ship them, and then charge
credit cards.  Profit from that is reinvested to pay for part of the
next run of prototype board, and so forth.

(2) A few thousand dollars:  I think we estimated like $6000 to build
the first handful of prototypes.  If we were to get donations or some
other sort of funding for that, it would be nice.  It would just take
a small burden off.  But otherwise, it's not something we can't handle
on our own, and it doesn't really speed us up any.

(3) Salaries:  One option is to go to work on OGP (Traversal Tech)
full-time.  Not sure how much we should bring in, but it has to be
enough to live and keep our wives happy.  :)

(4) A few million dollars:  This pays for the ASIC.  The basic plan
was to turn into not-vaporware by producing our first product and
using that as leverage to convince investors and others to help us
fund the ASIC.  We kinda have to do this anyhow, unless we sell so
many of the prototype board that we can just pay for it out of the
profit.  This is potentially a good investment opportunity.


On 1 Aug 2005 13:14:46 -0000, [EMAIL PROTECTED]
<[EMAIL PROTECTED]> wrote:
> I have called IBM Denmark today to ask what sort of information that should 
> be supplied in the application for funding.
> 
> The person that I should talk with is not in office untill 8/8-2005, so I 
> call back then.
> 
> Martin
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