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What does a Joint Venture look like?

Discussion in 'BlackHat Lounge' started by password01, Nov 5, 2015.

  1. password01

    password01 Regular Member

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    So,

    Over the past few days i've been looking into getting my hands on Tinder accounts to test out my bot.

    In chatting to the suppliers, they are all interested in my bot? They are interested to either buy it (i'm guessing to re-sell) or else more honestly, enter into a JV with me.

    In general how do these JVs work?

    I'm going to make the assumption that it is me the developer and the other who looks after sales. There is some kind of split then.

    Any tips or pitfalls to look out for. I'm assuming the obvious one is the honesty of your salesman in reporting all sales. Also, what's to stop him/her from buying one copy and just re-selling himself?

    If I was to enter into a sales partnership with somebody I would implement a license key system with phone home in any of my wares. I would then effectively sell the keys to my reseller at a discounted rate i.e. the amount I would get out of sales.

    Any ideas.

    It seems that there is a decent market for bots on here.
     
  2. hateandbreak

    hateandbreak BANNED BANNED

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    Yes a Joint venture is usually an exchange of services or 'work' that two parties can do to make a profit on whatever venture it may be. BE sure to keep safe don't give info that might allow them to run away with your profits and leave you dry. One of the members posted a nice thread about using contracts, if bigger money is involved it wouldn't be a bad idea to try one here.
     
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  3. password01

    password01 Regular Member

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    Hey hateandbreak, thanks for your input.

    Yea I have an understanding of JV's in general mainstream, but not sure how they generally run in the BHW world of things. I guess the logistics of such an arrangement is what i'm really querying.

    I suppose you want to look into things such as escrow etc.

    I think as far as software is concerned, the key system I described would probably cover me fine. I wouldn't be giving anybody full, unrestricted access to my software. I would be selling them keys. Then, if I see a key being used multiple times I block it. Simples :)

    EDIT: I wonder how people usually get on with these things? If I can find decent sales people then it's probably handy money for a dev.
     
  4. wowhaxor

    wowhaxor Elite Member

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    JVs are always different depending on a lot of things. Personally sounds like you have a solid plan though for division of both work and profits. Reselling discounted license keys is certainly an easy way to do it and make sure you get your cut for sure.
     
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