I have a new, patent-pending design that is easily worth millions both initially and over the 20-yr. lifespan of the patent. I don't really want to start a company, but want others to do the millions of details, management, etc. while I keep some benefits. It'd be easiest to just sell my rights for a few million; right now, I am nearly broke. But the future value will be far more, for others. Would you just settle and retire, or keep an active director in other's management of the whole marketing/sales/investors/legal/accounting details? If a LLC, what percentage of profits would you keep in return for handing over 90% ownership?
2007-05-18
16:01:51
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3 answers
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asked by
theNakedEye
3