Is the payment genuine, or is this a sales pitch?
There is a real market. Our licensing partner says it has paid $350,000 to $650,000 to firms with 60 to 100 people. Google's $10 million winning bid for Spirit Airlines' records appears in a federal court filing. Those transactions involved other firms, not us. You'll see your offer in writing before making any commitment, and many firms receive offers below those amounts.
Will I have to pay anything?
Nothing at any stage. When a deal closes, our licensing partner pays Pewter a fee. No deal means no fee.
What's each party's role, and who employs you?
Pewter identifies and qualifies the opportunity, assesses your records, presents the offer and coordinates the deal. Our licensing partner makes the offer, signs the license with you and pays you. You'll know its identity before signing anything. Since the partner pays our fee, we're neither your lawyer nor your agent. We're not a law firm or a registered broker-dealer; we encourage you to ask your own counsel to review the agreement.
Will my data be taken away?
No. The deal licenses an agreed, de-identified copy. Your original files stay yours, and your ownership is unchanged.
Could clients or employees be identified?
Before delivery, names, contact details, account numbers, credentials and payment details are removed or replaced. You may exclude regulated, privileged or third-party records. Since no method removes every risk, you review the process and a sample before signing. Our approach to records.
Can anyone view my records before I sign?
Only with your permission. We might request a small sample to assess quality before an offer; Pewter or the licensing partner may review it. You decide what the sample contains and may decline. We do the full export only after you sign.
Who uses the data, and for what purpose?
Authorized AI developers use it to train and evaluate models, as your agreement defines. Your approved terms spell out exclusivity and permitted uses. Our free owner's guide, Before You Sell Your Data, outlines questions and terms to resolve before signing.
How much time will my team need to spend?
You'll spend a few hours on two or three calls and a brief inventory of your systems. If an export is required, your IT person or provider runs it, with us coordinating. No one needs to create new data or tidy anything up.
What if I don't know what data we have?
That's true for most owners. Tell us which tools you've used over time, such as email, shared drives, your accounting or operating system, and we'll figure out what's there during the call. Prefer to estimate it yourself first? Our free guide explains where to find the numbers in Google, Microsoft 365, Slack and a dozen other tools.
Why consider this now?
Labs are purchasing today. One AI data company by itself has committed $1 billion for the next twelve months. The value is in the history you still hold: archives are deleted when subscriptions lapse or a firm winds down, and then that value disappears.
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