12 KiB
Joint Venture Proposal between Wyble Family Office LLC and ProForma Party 2
Parties to the contract
Party 1:
Wyble Family Office LLC
- Full Legal Name of Wyble Family Office LLC:
- Mailing/physical address of Wyble Family Office LLC:
Party 2:
ProForma Party 2
- Legal Name of ProForma Party 2:
- Mailing/physical address of ProForma Party 2:
Businesses in scope of this contract
AP4AP.org
AP4AP.org Pitch
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AP4AP.org Executive Summary
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AP4AP.org Details
AP4AP.org Current status of the business
AP4AP.org Level of development effort
AP4AP.org Distributions
| Contract Party | Distribution Percentage |
|---|---|
| Wyble Family Office LLC | 10% |
| ProForma Party 2 | 90% |
MerchantsOfHope.org
MerchantsOfHope.org Pitch
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MerchantsOfHope.org Executive Summary
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Idea is to have a freelance platform that isn’t horrible like upwork etc has become) (would cross/up sell TeamRental/YDN).
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Joint venture with DevWranglers
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MerchantsOfHope.org Details
MerchantsOfHope.org Current status of the business
- Main site: Nothing more than a domain/out of box configured WordPress install.
- MSP system: Deployed it-flow.
- Agency admin system: In process of deploying ... .
MerchantsOfHope.org Level of development effort
MerchantsOfHope.org Distribution proposal
| Contract Party | Distribution Percentage |
|---|---|
| Wyble Family Office LLC | |
| ProForma Party 2 |
Sol-Calc.com
Sol-Calc.com Pitch
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Sol-Calc.com Executive Summary
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For sol-calc, the core micro service is GPLv3. You would have complete control over the branding / pricing etc of the SAAS front end (which is how most people would use it. So few would self host and they wouldn’t have paid anyway). This allows for the community to provide feedback on the algorithm. Could someone take it and launch a competing service ? Sure. Will they? Doubtful. Branding is a thing.
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sol-calc.com (solar calculator I’ve been building as I am doing a custom design / ground mount of 5kw of panels. Very early microservice development underway.
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Sol-Calc.com Details
Sol-Calc.com Current status of the business
Sol-Calc.com Level of development effort
Sol-Calc.com Distributions
| Contract Party | Distribution Percentage |
|---|---|
| Wyble Family Office LLC | 1% |
| ProForma Party 2 | 99% |
StartingLineProductions.com
StartingLineProductions.com Pitch
- StartingLineProductions.com Executive Summary
StartingLineProductions.com (electronics lab / dirty and clean fabrication / kitchen / meeting room rental). 99% built out. A private, invite only maker space / RF / PCB fabrication workshop. Very well equipped. Soup to nuts small (consumer)(electronics) product prototyping/fabrication and network certification study lab.
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StartingLineProductions.com Details
StartingLineProductions.com Current status of the business
Physical build out is almost complete. We’ve had alpha / beta customers and paying customers. Product market fit found.
StartingLineProductions.com Level of development effort
Low to Moderate.
Can utilize the bookme plugin and some web hooks to KNEL services for provisioning access etc.
Distributions
| Contract Party | Distribution Percentage |
|---|---|
| Wyble Family Office LLC | |
| ProForma Party 2 |
TeamRental.net
TeamRental.net Pitch
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TeamRental.net Executive Summary
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TeamRental.net Details
TeamRental.net Current status of the business
TeamRental.net Level of development effort
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Business description/idea/model: A SAAS play. An implementation of the overall TSYS backend stack as turn key server / software stack:
- VPS (netcup)
- cloudron,coolify (pre configured to connect to cloudron), cosmos
- Backblaze backups.
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Costs/sale price/margins etc:
- Cost would be 66.00 (presuming 1tb of backup).
- MSRP of 120.00 per month.
The stack is pretty well developed/deployed/tested. Product/market fit has been found.
- Level of development effort:
Should be very straightforward to build out using the KNEL micro services.
TeamRental.net Distributions
| Contract Party | Distribution Percentage |
|---|---|
| Wyble Family Office LLC | |
| ProForma Party 2 |
ThePeerNet.com
ThePeerNet.com Pitch
= ThePeerNet.com Executive Summary
= ThePeerNet.com Details
- WIP Biz/Ops/Product plan
- Core operating costs are low (the domain name). KNEL absorbs the hosting costs as part of it's service delivery budget.
- Content production / acquisition / development costs can be high.
A podcast network as a service. Also the media/broadcast division of TSYS Group.
ThePeerNet.com Current status of the business
- Five podcast episodes created for the initial show of the podcast network.
- ReachableCEO is streaming and creating lots of content for turning into free / paid tiers for The ReachableCEO show.
ThePeerNet.com Level of (custom) development effort
Very low.
- Umbrel handles value 4 value.
- Castopod handles the podcast creation.
- KNEL hosts the downloads and ancillary services (open streaming platform, craig , ad server etc).
ThePeerNet.com Distributions
| Contract Party | Distribution Percentage |
|---|---|
| Wyble Family Office LLC | |
| ProForma Party 2 |
YourDreamNameHere.com
YourDreamNameHere.com Pitch
- YourDreamNameHere.com Executive Summary
YourDreamNameHere (a business in a box to automate domain/social and back office provisioning) (would cross / up sell TeamRental.net as one of the vendor choices). Otherwise monthly affiliate revenue from SAAS vendors (quickbooks, office or gmail, etc) and a setup fee (I recommend two months of SAAS affiliate revenue as the setup fee). It’s nothing more than a domain and an idea. Should be very straightforward to build out using the KNEL micro services and a low code / no code platform (we have a few available and can spin them up if desired),
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YourDreamNameHere.com Details
YourDreamNameHere.com Current status of the business
YourDreamNameHere.com Level of development effort
YourDreamNameHere.com Distributions
| Contract Party | Distribution Percentage |
|---|---|
| Wyble Family Office LLC | |
| ProForma Party 2 |
Timelines and length of deal
- Wyble Family Office LLC expects ProForma Party 2 to begin sales / marketing / business development / software development / fundraising etc efforts forthwith.
- Wyble Family Office LLC expects ProForma Party 2 to put in meaningful effort to generate revenue and profit.
- A 180 calendar day period is hereby alloted for development and delivery efforts by ProForma Party 2 to occur from the date of execution of this contract. If at the end of 180 days any or all of the businesses aren’t delivered or well on the way to delivery, the deal is hereby terminated.
- ProForma Party 2 is not required to provide any particular form / frequency of status updates during the period.
- ProForma Party 2 may elect to provide status updates as they see fit.
- ProForma Party 2 is welcome to utilize Known Element Enterprises Redmine instance if they wish todo so, or any other project/tasks/issue management system they may wish to utilize. ProForma Party 2 is also welcome to use none at all. It's entirely up to ProForma Party 2 management discretion.
- Wyble Family Office LLC will not provide any financial resources (beyond paying for domain registration and operating the current infrastructure). Any and all expenses will paid for by ProForma Party 2 as they will be receiving majority revenue or profit share.
Responsibilities and context for Wyble Family Office LLC
- Wyble Family Office LLC retains all infrastructure control (DNS/hosting etc)
- Known Element Enterprises LLC (KNEL) (the TSYS group management company) (see https://community.turnsys.com/t/tsys-group-taxonomy/64 for an overview of TSYS group) will provide core IT/business infrastructure on the same footing as it provides to other TSYS group businesses. Including marketing website,business intelligence, ERP, marketing, web analytics, backups , monitoring, mailing lists, accounting and other back office functions. This support does NOT include compute / storage / network for customer workloads or data, except for RackRental (at Richelle) and STL (and any franchisees of STL). Franchisees of RackRental and STL must provide compute / storage / network / rentable assets (which would be inherent in the fact that they have capacity in r assets to rent and would have built all that out), but must use the core KNEL IT/business systems as a control plane (for rentals). Also sol-calc compute /storage / network will be provided by KNEL.
- RackRental.net Operating Company LLC will complete the development of RackRental middleware / backend (micro services). The code will remain proprietary to RackRental. It will be exposed as micro services.
- ProForma Party 2 and Known Element Enteprises LLC will jointly complete the development of signup, payment, provisioning micro services for . The code will be developed as micro services and made available for use by the other businesses.
Responsibilities and context for ProForma Party 2
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ProForma Party 2 retains all financial control (bank accounts/third party payment processors)
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ProForma Party 2 will have total control over ThePeerNet/TeamRental/YourDreamNameHere/MerchantsOfHope. They can be closed/opensource, whatever you want.
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you want to be a leader, be in the driver seat, put your brand/stamp on everything
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you have a deep network of personnel/talent , a deep contact network etc
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Wyble Family Office LLC has no real interest in these “ancillary businesses” but would like to retain a minority silent stake.
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The only thing I ask, is that TSYS Group/Redwood Group and the Non Profits get use of the stack forever at 0 charge (we would pay any actual costs like domain registration of course). (I have an on-premise computer room that will handle all of the heavy compute/storage for all of those companies, so we wouldn’t eat into your margins).
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RackRental is pretty core to suborbital, so I would retain development control over it. It’s closed source and would remain so. It has some hefty middleware and backend bits (three racks of gear). Also I have GPU cluster and that needs to remain ITAR controlled. I just don’t want to deal with marketing/sales/go-to-market.
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StartingLineProductions is pretty integral to Suborbital in terms of us using it to manage our R&D overhead. Open to discuss specifics of how that would work. Maybe some kind of multi tenant setup and we have full control of our tenant?
Shared Responsibilities and context for Wyble Family Office LLC and ProForma Party 2
- Wyble Family Office LLC and ProForma Party 2 will: tbd
- Wyble Family Office LLC and ProForma Party 2 will: tbd
- Wyble Family Office LLC and ProForma Party 2 will: tbd
- Wyble Family Office LLC and ProForma Party 2 will: tbd
- Wyble Family Office LLC and ProForma Party 2 will: jointly develop the detailed business plan using the StartupStarterPackage framework.