Joint venture for software product customization



A client has agreed to enter into a joint venture where we would customize our software to their requirements. They would use the new software for automating their business initially and have agreed to bring in new customers.
  

  
We want to setup an agreement where they pay a customization fee and each party own 50% of the newco. We also want to hold client accountable for bringing in new customers. If they fail we would like to split and be able to assume rights to customize and sell the JV product without any share to the client.
What you are looking to do is possible but would need careful consideration of issues associated with ownership of intellectual property, access to technical data like source code, confidentiality requirements that would survive the joint venture if it does not work out. It is not possible to provide proper advise for all the pieces that need to be evaluated and carefully handled in the agreement without proper understanding of the software involved and the specific goals of the parties. You would also need to come up with some metrics to measure the acceptable level of performance from both the parties to avoid the blame game and competing claims if the venture is not successful. I would advise contacting a business lawyer who can help you analyze the various issues and pitfalls as well as draft an agreement for you to protect your interests that allows you to do what you would like to attain with the joint venture.
hi [@m3nt0r](/u/m3nt0r),

i would look at existing marketplaces which likely have a wide audience to see if this was suitable for your use case e.g. opensea, rather than creating your own sale contract.

[image] m3nt0r:

how do you implement in solidity the ability to give ownership of the nft to the buyer in… <p>i run an in house team for a large ecommorce company in the uk. we all work from the same office. i love having the team around me to bounce ideas of and debate new ways of solving problems.</p>
<p>i can fully understand how you feel, yes they are not yours and the site i work for i don't own - but i have put it a lot of long hours making the site as good as an experience as possible - i would hate for someone to come in and take control.</p>
<p>&nbsp;</p>
<p>&nbsp;</p> hi,

lots of great explanations below, but i fear they might be difficult to truly conceptualize. 

let's start with a pie!

if there's a pie in front of us, that is the market. we'll call it 100 units of pie

we cut the pie in half - one piece (50 pie units) for you, and one piece (50 pie units) for me

scenario 1: we do nothing, we both have 50% market share.

scenario 2: i eat half my pie. my pie slice is now 25 units, yours is still 50 units. as a result, you have 67% of the market share and i have 33%. my "revenues" have fallen and my market share has fallen. your revenues haven't changed but you've gained market share

scenario 3: not only do i eat half my pie, but you also eat 20% of yours. still, i ate more, so even though your "revenues" are down, you've still gained market share.

scenario 4: we both get given more pie (yay). but, i get a whole other 50 units, and you only get 5 more. your "revenues" are up, but you've still lost market share!

i've created the below image for you to visualize this better (click on it to blow it up)...hope this helps! hello and welcome [@jhmauritz](/u/jhmauritz).

yes, changing the variables should be enough to connect to the server, and using docker-compose is absolutely a viable option.

if the server is publicly available you should configure ssl as well, otherwise your connections to it won’t be secure.

mind that although y… a) the ppp projects may be posed by the central ministries, state government or statutory authorities (like municipal authorities and councils), which own the underlying assets;.b) to be eligible for financing under the scheme, the ppp projects should be implemented, i.e. developed, financed, constructed, maintained and operated for the projects term by a private sector company to be selected by the government or a statutory entity through a transparent and open competitive bidding process.c) the criterion for bidding should be the amount of viability gap funding required by the private sector company for implementing the project where all other parameters are comparable.d) the project should provide a service against payment of pre-determined tariff or user charge.e) this scheme will apply only if the contract/concession is awarded in favour of a private sector company.f) the approval to projects is given prior to invitation of bids and actual disbursement takes place once the private entity has expended his portion of the equity.g) the final vgf is determined through the bidding.
the detailed vgf guidelines may be accessed at the following&nbsp;link. hi

we can do that by defining a string variable in the very beginning of the process with assign activity or by defining that in variable panel in the studio at the bottom the window

but make sure that we are not assigning any value to that variable later across the workflow

if we assign later th… Unfortunately, your question requires a lot of work and cannot be done for free.   
Submit it with all requirements as an assignment to our control panel and we'll assist you. hi james,

as you already figured out, custom transactions does not support automatic instrumentations (xhr, fetch, resources) which means the user would have to start span and attach it to the transaction manually.

and yes by setting { managed: true } in the starttransaction option the transaction… set both sides of the connection to autonegotiate & set both sides of the connection to half duplex & set both sides of the connection to full duplex Hi


In **consulting interviews** you may have **two types of M&A cases:**


1. Commercial due-diligence of the target company
2. Synergies calculation of two merging companies


There are **two ways to identify the exact type of a case:**


* The interviewer will tell you
* In the beginning, while asking clarifying questions you ask what is the objective and if we have any other company in the portfolio that can have potential synergies


**1. For commercial DD** you can use the following structure:


**Market**


* Size
* Growth rates
* Profitability
* Segments
* Distribution channels


**Competition**


* Market shares of competitors and their segments (see the next point)
* Concentration / fragmentation (Fragmented market with lots of small players is less mature and easier to enter from a scratch. Concentrated market is hard to enter but has potential acquisition targets)
* Unit economics of the players (Margins, relative cost position)
* Key capabilities of the players (e.g. suppliers, assets, IP, etc)


**Company** 


* Unit economics (Margins, costs) in current or target markets
* Brand
* Product mix
* Key capabilities


**Feasibility of exit**:


* Exit multiples
* Exit time
* Existence of buyers


**2. For Synergies Calculation** you can use the following structure:


1. **Revenue synergies** - here you calculate the synergies in price and quantity (depending on the case it may be new geographies, new products, new distribution channels, bigger share on shelves crosselling opportunities, etc.)
2. **Cost synergies** - typically you use a value chain structure tailored to the industry (e.g. supply-production-distribution-marketing-after sales support)
3. **Risks** - major risks that can decrease the synergies (tip: don't underestimate the merging companies culture factor)
4. **Total synergies potential** in $, adjusted by risk (probability of failure)


**In private equity interviews,** the cases will be much more detailed in financial part. Depending on the company you'll need to:


* Find the relevant information in P&L and Balance sheet
* Do the simplified valuation using NPV: calculate cash flows and make assumptions about growth rate and discount rate
* Do the valuation using comps - you'll have to explain which comps you will use and why


Good luck!