A couple of years ago I learned about offtake agreements from a chemical industry gig and now I think of my book project as trying to set up a pilot plant "funded" by offtake agreements with my blog/newsletter/podcast. Gotta keep all the plates spinning.https://www.investopedia.com/terms/o/offtake-agreement.asp …
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It's a very clever instrument to derisk innovation with revenue NPV and commodity futures contracts rolled into one vehicle
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Wonder if some version of it can work in software.
@RoamResearch got off the ground via funding from people who badly wanted the tool, so that's a kind of offtake agreement. Guaranteed user base.1 reply 0 retweets 3 likesShow this thread -
In another way, I'm a counterparty to an offtake agreement with
@danielfschmidt ... as a customer for one of his more complex mazes to use in my project (as well as partnering with him on the@mazestructure project, a case of double dipping)1 reply 0 retweets 2 likesShow this thread -
It is amazing how much even the smallest creative projects, be it a book or an indie game, require the same kinds of delicate enablement engineering. Not just time/money, not around the substance of what is being done.
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* correction: BUT around the substance of what is being done
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Replying to @vgr
What's the boundary between a bi-directional customer relationship and a simple collaborative relationship?
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Replying to @danielfschmidt
collaboration is when you both have a stake in the same thing, bidirectional customer relationship is when I sell you X and you sell me Y, and maybe we reconcile books with low cash deltas, kinda like barter
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Replying to @vgr
So I imagine when you said you’re a “customer for one of [my] more complex mazes,” I shouldn’t take that literally :)
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