Question
How do I know a data offer is fair?
By SourceX Editorial · Updated
Short answer
Compare the price against scope, exclusivity, term and permitted use, not just the headline number. Narrow, non-exclusive, short licenses should cost less; broad, exclusive, perpetual ones more. Multiple buyers and expert advice help.
Part of: How licensing works
Explanation#
Look at net proceeds after preparation costs.
Public deal figures rarely translate directly to your data.
Rights and privacy#
- Confirm customer, vendor and employee agreements allow the use
- Remove or de-identify personal details before anything leaves the company
- Approve the final dataset and permitted uses in writing
How licensing works#
A business describes its data, buyer demand is assessed, scope and permitted use are proposed, the data is prepared and de-identified, an agreement is signed, and the approved dataset is delivered. See data licensing for detail.
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General information, not legal advice. Editorial policy.
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