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by CyberFonic 5460 days ago
"A verbal agreement is not worth the paper it's written on." - Sam Goldwyn.

If they acted unethically once, they'll act unethically again, and again. You'd have to hire some very heavy hitting negotiator to have any chance of a decent return by selling the IP, etc. Chances are they'll dither and eventually not cough up.

If you are really confident that your software is so much in demand by the marketplace, why not sell it to their competitor(s)? If there are more than one, then you'd white-label it and license the software to them. If there are no suitable competitors then productizing is a possibility. If you do decide to go down that path, please read and follow the ideas in Steve Blank's blog and book "7 Steps to Epiphany".

2 comments

I love that quote from Sam. If you learn nothing else from this experience, I hope it is that you need to have everything in writing. Such an important thing that many of us sometimes forget amongst the pressures of everything that is going on.
Um... it's The Four Steps to the Epiphany.
Yeah RIGHT!, my memory doesn't have ECC !