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by EvanMiller
4174 days ago
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I like the idea, but it seems a bit risky and would require a lot of trust. I'd be open to this with someone I trusted, but I don't want someone to take the software as passive income and ride it down without fixing bugs etc. |
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I also have a very marginal side business I want to dispose of (about the same revenue). The best model I could come up with was that I would be willing to sell it for, say, 100% of the next years revenue, 50% of the next two years revenue, etc. That way, the buyer doesn't risk paying too much (since the price is tied to revenue), and the seller is incentivized to do a reasonable handover, take care of teething issues, etc, but the buyer will also try hard to take things over completely for when the seller is no longer around.