December 4, 2006 8:04 AM EST
I was at my sons wrestling tourniment this weekend when I overheard a story. It seems that a company developed a software product that cought the eyes of Microsoft. It seems Microsoft was interested enough to aproach the company about license agreement. They ended up selling their company to Microsoft for a revenue share where the guys that developed the product would receive a 60% share of revenue for a period of time. After the deal was done Microsoft ended up giving away the product for free which generated no revenue. Since I heard this second hand I do not know if it is true, but the story sure offers a valuable lesson.
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