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VIRTUAL SWORDS INTO DIGITAL PLOWSHARES
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Many Internet startups that melted down failed to achieve traction in
the marketplace despite doing good work. With so many companies going bust
at the same time, many of them can't liquidate their intellectual property
or equipment.
The THE IMS !.COM PROGRAM is a way to get some good out of the bad.
Your company can donate intellectual property or equipment to
the Internet Multicasting Service. We'll use your equipment to build
our web presence and your intellectual
property will be placed in open source where people can
use and enhance it.
If your company owes you money but has no cash, why
not settle up with them for some used equipment or the software you
wrote? You can donate your settlement to us, see your work flourish,
and maybe even get reduced taxes to give yourself a break this year.
IMS appreciates all offers of used equipment and/or intellectual
property, but we're afraid we have to place a few conditions on
your potential gift before accepting it:
- Quality. We're interested in software and equipment
that meets our strategic goals and our standards. Contact us
to see if we'll be able to make good use of your prospective
donation.
- Ownership. You'll need to prove that you really own
the equipment or intellectual property. In the case of intellectual
property, we'll want to see that all the people who worked on the
project signed over their rights to their work product and that
you did reasonable due diligence on any potential patent
infringement.
- Valuation. We need some indication of what the
prospective donation is worth. In terms of code, metrics such
as lines of code or number of man-months are fine. For equipment,
original value and depreciation or fair market value are both
fair metrics.
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