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Parntership Questions - Developer Owning Code Vs. Marketeer Owning Domain

Discussion in 'BlackHat Lounge' started by yesman22, Oct 21, 2010.

  1. yesman22

    yesman22 Newbie

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    I find myself a weird situation. I'm entering, or working out the details on 2 different partnerships.

    Partnership 1
    Joining a developer to create some crazy money making sites. I've spec'd out all the code for him to write, and providing marketing and the domains. He wants to own 100% rights to the code. This worries me greatly. What if he decides to walk.. I'm totally screwed. I have no problem bringing the domains into the partnership and trying to dissolve if the partnership doesn't work out.

    Is this common? I've never heard of this before, I would think the partners would both own the code and the domains.. etc


    Partnership 2
    Trying to work out a deal with a different individual where he has a top level domain work over 50k that he's not doing anything with. He's not interested in selling the domain, but is entertaining my ideas/offers. I want full control, and would outsource designers, developers, and get the site going. I can see with a few months of work and development the site to be worth well over 100k.

    How should I go about this relationship. Can I buy him out for a fee of say 3-5k and offer him a share of the company? Or can we just do a partnership where I bring code to the table in exchange. I would love some help/ideas on how other people found a way to make this work

    Would love to hear some stories on "What not to do" and things that worked.

    Thanks
     
  2. LukaB

    LukaB Jr. VIP Jr. VIP

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    The Best, let 1 guy own the host that teh other guy doesn't have access to, and the other guy owns the domain :)
     
  3. yesman22

    yesman22 Newbie

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    interesting thought.. but I don't think that will fly on long term partnerships