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by LurkerAtTheGate
1455 days ago
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Founders can offer to buy the rights back later. I did this exactly - sold exclusive rights to software and team was hired onto acquiring company, years later acquiring company decides to shut down software arm and terminate existing service agreements. I offered to buy the rights plus our team back (for about 1% of the initial sale - they were going to just shutter it all), and immediately engaged the clients in new contracts. That purchase agreement was a doozy, spent more on lawyers than buying the rights back. |
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