throw3982

I get it the consulting on the integration but on the features, the first customers that request a particular feature would own the code for it.

But in this case their customers want specific features that would be integrated in their own SaaS product.

How would that work, am I misunderstanding something?

To everyone saying they should do consulting, how can they they keep the IP rights then?

If they consult for another company, wouldn't that company own the rights?

From what I've seen, not many companies are willing to pay consulting fees and give up ownership of the work.

Thanks!

> If company A approaches you, wanting to acquire you, you want to really quickly figure out if company B, company C, and company D are interested before you commit to a period of exclusivity with A.

Let's say that company A, B and C are interested (with A being interested the most), what would be the next step? Can you get an offer without a LOI?

Forgive my ignorance but if a buyer indicates interest, is it ok for the seller to ask for a LOI?

Or if the buyer doesn't mention it explicitly, does it mean that they're not serious enough?

Who should mention the first amount of money first, buyer or seller?

What does "changes" mean in this context and what constitutes a reasonable reverse break-up fee?

Also in #2, does "probe interest" mean getting them to sign a LOI?

Thanks.

Anything in London?

Is there any forum or group that has people that can advise on such matters?

I know HN is one but it's too big/too impersonal for this.

I mean a place for founders to find "mentors" (i.e. people with more experience or people that have done similar things before) that would be willing to help them with things as a sale to a big company or how to structure a deal.