Sponsored by own employer for my startup - while on H1B

[ashishfernando]

I am on H1B and I was simultaneously working on a business idea. It got a lot of traction in the market so I took the risk and pitched to my own employer. They liked the idea and want to seed fund it and initiate my Green card as well. Since GC will take some time (I am from India and there's a long wait list), is it possible to start a company this way with me owning majority stake? I know I am on H1B and USCIS norms don't allow, but its my own employer in the equation this time. I will also be getting a founders salary. Any suggestions welcome