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Thanks. To sell to a larger company I think I'd need to build a small company first with at least a handful of employees. I'm trying to step away from this code
by EvanMiller 12y ago
Thanks. To sell to a larger company I think I'd need to build a small company first with at least a handful of employees. I'm trying to step away from this code if I can to focus on another app, and generally large companies only want to buy software that come with personnel.
- WoodenChair 12y agoIt can't hurt to try. It's certainly worth sending some cold emails to some GIS companies.
- bcRIPster 12y agoI think you're presuming too much. As long as your code is documented and you're willing to release all potential IP claims as part of the sale I can imagine there would be someone interested in buying this straight out. You might even be able to sell them some kind of limited support/consultation agreement where you don't do code but can answer questions for a fixed period of time. It's not like you're doing some kind of business exit strategy. You're just selling off an asset from your portfolio.
- jdhawk 12y agoNot essentially true, the valuation would just be a lot lower if you sold it As-Is + some level of cross-over support/training (Consulting Dollars) This assumes the purchaser isn't just shelving it and killing off a competitor. It't not an awful idea, especially since you know your competitors in the space (who to target).