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Alan
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Joined: December 19th, 2001, 4:01 am
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publish or sell?

December 2nd, 2015, 5:42 pm

Paul is right -- selling is very hard and selling specialized software to the targets you mention is going to be doubly hard.On the other hand, even Markowitz co-founded a software company, although not to sell his efficient frontier algorithm. Many here are, or have been, in your target markets. To see if we would buy, you might spend several days and work upa hypothetical brochure (or equivalent web-site) and post it/link it.
Last edited by Alan on December 1st, 2015, 11:00 pm, edited 1 time in total.
 
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Cuchulainn
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Joined: July 16th, 2004, 7:38 am

publish or sell?

December 2nd, 2015, 6:25 pm

Quote, even Markowitz co-founded a software companyThe software landscape has changed a lot since his time. These days you need to become a sub-contractor to a bigger company because companies will not do business directly with you. You need to be on the purchasers' preferred supplier list. Next to impossible given your profile. And discounts.Can your software interoperate with Sunguard, Numerics and Algorithmics, for example? QuoteDocumentation. Lots, worked examples.Add a technical writer to your team. My rule of thumb (at least in EU); when t -> infinity the number of software companies (i.e. making products) goes from say 200 to 5. That's what happened in CAD and is probably happening in finance as well? ISV, is it still a valid concept?
Last edited by Cuchulainn on December 1st, 2015, 11:00 pm, edited 1 time in total.
 
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Paul
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Joined: July 20th, 2001, 3:28 pm

publish or sell?

December 3rd, 2015, 9:17 am

Do what some 19th century magicians did, find something you can patent, and then deliberately get the patent wrong to mislead people.P
 
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list1
Posts: 827
Joined: July 22nd, 2015, 2:12 pm

publish or sell?

December 3rd, 2015, 4:33 pm

Everyone think to get money for his skills. The best way try it first. If you can sell for the price you are satisfied be sure that you chose a right way. If not you will correct your strategy. Nevertheless it might make sense to know whom you wish to sell, come to meet him/her and explain what you wish to sell them. Observed reaction will be pretty much typical. Believe that they have something similar and they will not sure that yours budding product is better than existing.
Last edited by list1 on December 2nd, 2015, 11:00 pm, edited 1 time in total.
 
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mit
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Joined: February 5th, 2005, 4:52 pm

publish or sell?

December 4th, 2015, 4:20 am

QuoteOriginally posted by: londonerQuoteOriginally posted by: katastrofa Mind that you can still keep the real secrets to yourself while talking about / publishing the details of your method if they are in the numerical solutions. Why? Once the details of the method are published, there are no secrets anymore.I think you are brilliant, go for it and you will surely make our world a better place for the next generaton