Just overheard a story

onlineeater

I was at my sons wrestling tourniment this weekend when I overheard a story. It seems that a company developed a software product that cought the eyes of Microsoft. It seems Microsoft was interested enough to aproach the company about license agreement. They ended up selling their company to Microsoft for a revenue share where the guys that developed the product would receive a 60% share of revenue for a period of time. After the deal was done Microsoft ended up giving away the product  for free which generated no revenue. Since I heard this second hand I do not know if it is true, but the story sure offers a valuable lesson.John

Innovator7

That`s one of the bad things about business in general and Microsoft in particular: no ethics.  The seller should have specified a guaranteed minimum else the deal is reversed etc...Good licensing attorney would have been helpful in this case.

yourNAMEinDotCom

Wow! If that particular case that John described is true, that`s really low.Thanks for the warning. I`ll have to remember that.Aleem