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- VentureNet (tm)
-
- Copyright (C) Intelligent Devices Corporation
- All Rights Reserved.
-
-
- 1. What is it?
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-
- VentureNet is an organization of entrepreneurs that work together
- under contract to produce innovative products for the computer indus-
- try. Formed in late 1991, it is open to anyone who is interested in
- PC's and qualified to design, develop, and/or sell innovative PC pro-
- ducts and services.
-
- HighTest Lite and other HighTest products are the first result of
- VentureNet. Several software engineers, a market researcher, a soft-
- ware designer and publisher, and a product manager, all professionals
- in their areas of expertise, worked together using telecomputing to
- produce a series of products that meet specific market needs: Modern,
- reliable, reasonably priced PC performance testing products for PC
- buyers, dealers, manufacturers and end-users.
-
-
- 2. VentureNet's goal
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-
- The primary purpose of VentureNet is to provide talented, ener-
- getic, enthusiastic professionals in the computer industry with an
- opportunity to work on projects that are interesting and that have a
- reasonable chance of being successful. Whether a participant is work-
- ing part-time or full-time on a VentureNet project, he or she has an
- opportunity to take a reasonable risk for a possible substantial re-
- turn-on-investment.
-
-
- 3. How it works
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-
- We are on the lookout for people who want to be part of a start-
- up, who want to take a chance on a well thought out business venture
- in the PC industry without investing any large amounts of personal
- money. To do this, the VentureNet coordinator solicits, reviews and
- interviews interested "applicants" for projects that VentureNet consi-
- ders to have a high potential for success.
-
- If an applicant is thought to be a possible "candidate", he or
- she is interviewed by telephone on several occasions, informed about
- VentureNet projects being considered for the candidate, and then, if
- accepted as a "participant", is sent a contract for review. If a
- contract is completed, the candidate, now a participant, begins work
- on the project(s) described in the contract.
-
-
- 4. What are the possible rewards?
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-
- The standard compensation for each person involved in the market
- research and/or design and/or engineering and/or management and/or
- promotion and/or sales of a product is a royalty paid on net sales of
- each product that the participant works on. The royalty varies de-
- pending upon the amount and type of work done.
-
- In regard to the amount of royalty that a person can earn, it is
- impossible to determine this for projects in general. Prior to con-
- tract signing, interested candidates will be presented with informa-
- tion about the market potential of each proposed product. With that
- information, each candidate must decide for him or herself whether the
- benefits outweigh the risks. (Most candidates think they do because
- the only REAL risk is the loss of some time and perhaps a small amount
- of money (for phone calls, etc.).
-
-
- 5. What are the current projects?
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-
- This is very confidential. Trade secrets are only secrets as
- long as they remain secrets. Each candidate will be informed, after
- signing mutual non-disclosure agreements, in detail about one or more
- of the current projects either being considered or actually in pro-
- gress.
-
- In general, projects include several innovative personal finan-
- cial management products, advanced PC benchmarking and purchasing
- assistance products, innovative personal information management pro-
- ducts, and hypermedia products that are associated with several util-
- ity products. These projects require a variety of engineering and
- product design skills including C and C++ programming, Windows class
- library programming, experience with user interface modeling and
- design, knowledge of DOS and BIOS system-level services and programm-
- ing, and experience in 3-D animation, experience with public relations
- program, development of prospect lists and client tracking systems,
- and much more.
-
-
- 6. What are the minimum qualifications?
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-
- That depends upon the specific type of work that each project
- requires. What is most important is that each applicant possesses
- professional competence and personal maturity. In some instances, an
- excellent knowledge of Borland or Microsoft C is all that is required.
- In others, a thorough understanding of existing products and the pro-
- duct design process is essential. In yet another, knowledge of Bor-
- land or Microsoft C++ is essential along with some knowledge of linked
- lists and list processing.
-
-
- 7. Who should not apply?
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-
- Persons who should not apply for consideration by VentureNet are
- those who have only moderate skills in a technical or product-market-
- ing area. However, if you are a strong engineer, marketing, or sales
- professional, then you should let us know of you interest so we can
- talk.
-
- Note that we definitely distinguish between marketing and sales,
- both of which a business cannot do without. So that you understand
- what we consider these terms to mean, "marketing" is the business
- planning and coordination function of a business. "Sales" on the
- other hand is the product promotion, prospecting and selling functions
- of a business. Product managers are marketing staff; they decide what
- will sell after discussing product concepts with many persons, design
- and review design proposals, coordinate engineering and sales efforts,
- develop business plans, etc. Sales staff research the best avenues
- for product roll outs, prepare prospect lists and contact programs,
- recommend promotion strategies, contact trade media to obtain reviews,
- meet with prospective buyers, sell products, etc.
-
-
- 8. What to do next
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-
- Give this a few days thought. Then, if you're still curious,
- send us your resume. Please, do not call. We can't be inundated
- with curiosity callers. We will respond to ALL applications. Please
- remember that VentureNet is a collaborative effort that requires a
- large variety of talented people to bring products to market, make
- sales, pay royalties, and make a profit for participants who have
- earned profit sharing (in addition to royalties).
-
- Send your resume to
-
- VentureNet
- 112 Harvard Ave., Suite 295
- Claremont, CA 91711
-
-
- 9. A final comment
- -----------------------------------------------------------------
-
- As the world enters into further difficult economic times, we are
- convinced that waiting for thousands of jobs to open up and invite
- people into comfortable corporations is not going to happen. Instead
- of waiting, we are acting. We believe that talented professionals can
- take full advantage of advanced telecommunication technology, sound
- business practices, and individual enthusiasm to build an
- international network of people who, in their part-time or full-time,
- can work on projects that succeed in the personal computer
- marketplace. If you have that belief and want to take a venture, let
- us know. After all, what do you REALLY have to loose?
-
-
- 10. Disclaimer
- -----------------------------------------------------------------
-
- We are legally required and want to tell all interested persons
- that VenturNet can make no guarantee of any kind regarding the amount
- of compensation that participants might receive if and when a product
- that any participant has worked on is introduced into the personal
- computer marketplace. All participants are required to make their own
- independent, informed judgments about the viability of their
- participation in VentureNet projects and programs. VentureNet will
- provide as much information as it deems necessary and appropriate for
- each candidate to make such decisions. All candidates are encouraged
- to ask VentureNet for as much information as they need to make
- informed decisions regarding VentureNet participation.
-
-
-
- Trademarks: VentureNet, HighTest Lite and HighTest and trademarks of
- Intelligent Devices Corporation.
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