I wanted to provide you an update on my efforts to launch a new company based on the extraction applications from Fetch Technologies. As a reminder, through the use of a Web browser plug-in, the application will allow the consumer to Collect, Organize and Share travel planning, research, shopping and purchases across all the major travel Websites. Travel Tech Consulting, Inc. and Fetch Technologies will be the founders of this new company (name TBD). Fetch will have a minority equity position in exchange for a perpetual license of their patent-pending “As U Browse” technology. The new company will own the source code and have field of use exclusivity (travel industry vertical). The new company will be based in the San Francisco Bay area.
I am currently in discussions with a number of VCs and Angel investors who are considering investing in the new start-up. I also have begun my search for potential employees who have experience in the online travel industry and are interested in participating in this new venture. If you know of someone who would be interested in either investing or joining our team, please email me at firstname.lastname@example.org.