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Five checks before you license your company's data

More people are approaching business owners about licensing company data to AI. Many offers are fine to explore. Some are not. If you get a yes to any of these, stop and ask more questions.

  1. Did they ask you to pay up front?Exploring a licence should cost you nothing. Fees for "assessment", "listing" or "certification" are a warning sign.
  2. Did they ask for raw data before a signed agreement?Nothing should leave your hands until you've signed. Even a "sample" should be covered by an agreement and have sensitive details removed.
  3. Did they refuse to say who uses the data or how it is protected?You are entitled to know the buyer and the protections before you decide.
  4. Did they promise a dollar amount before reviewing your data?Value depends on buyer fit, record quality and the rights requested. A firm number with no review is a sales tactic.
  5. Did they push you to decide on the first call?A fair deal survives a week of thinking and a review by your own lawyer.
These are the same checks DataSupply.ai publishes for companies considering a licence. We apply them to ourselves too: we never charge you, never take your data, and never promise a figure.
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GreatProfit.ai is an independent referral partner of DataSupply.ai and may earn a fee if a licence completes. We are not DataSupply and not a buyer.

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