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Offer to pay for it. They will either say no worries you can have it, or the sum will be nominal. Make sure you get it in writing (email).
by jppope 8y ago
Offer to pay for it. They will either say no worries you can have it, or the sum will be nominal. Make sure you get it in writing (email).
- dnautics 8y agoI love this idea but I wonder what could go wrong.
- Bluestrike2 8y agoAt worst, they refuse to sell or even negotiate. The (unknown) exposure is with how the previous project stakeholders might react to you running with it and turning it into something viable. If they won't sell when it's worthless, I'd personally take it as a given that they'd litigate if it ever becomes viable or profitable. Even if you can reasonably expect to prevail in such a case, it's still a concern.
- dnautics 8y ago> If they won't sell when it's worthless, I'd personally take it as a given that they'd litigate if it ever becomes viable or profitable That's a great point and I think that collapsing that uncertainty was the lingering reason why I loved the idea, that I couldn't quite put the finger on. I kind of worry that the worst case scenario is management says ok now, but later changes mind when it's turns up well, but if it's in writing, then whatever.
- jppope 8y agoMany things could, but won't go wrong... Purchasing or Licensing will offer protection to all cofounders including the ones that are turning over their rights to the IP.