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How Do You License a Smart Product?
Manage episode 260993570 series 2666583
Recently someone approached us about pitching the puck to an unnamed company to see if they wanted to license the product. If successful this would be a royalty arrangement. We ultimately decided to turn down the offer but the interaction brought up some very interesting questions about how a royalty contract works for a smart product that needs constant cloud support.
Let's Connect! I would love to hear from you. Thoughts, opinions, or even just to introduce yourself so I can get to know you better. You can find me in the following places:
Twitter: https://twitter.com/kevinsidwar
Instagram: https://www.instagram.com/sidwarkd
Facebook: https://www.facebook.com/sidwarkd
Email: kevin@sidwar.com
56 jaksoa
Manage episode 260993570 series 2666583
Recently someone approached us about pitching the puck to an unnamed company to see if they wanted to license the product. If successful this would be a royalty arrangement. We ultimately decided to turn down the offer but the interaction brought up some very interesting questions about how a royalty contract works for a smart product that needs constant cloud support.
Let's Connect! I would love to hear from you. Thoughts, opinions, or even just to introduce yourself so I can get to know you better. You can find me in the following places:
Twitter: https://twitter.com/kevinsidwar
Instagram: https://www.instagram.com/sidwarkd
Facebook: https://www.facebook.com/sidwarkd
Email: kevin@sidwar.com
56 jaksoa
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