Two ways data creates value
| License the data | Sell the company | |
|---|---|---|
| What you give up | Defined rights for a defined use | Everything, including the data |
| Proceeds | License fees, while keeping the business | Purchase price |
| Effect on a later sale | A signed license is proof of value | Data value has to be explained and believed |
| Risk | Rights and privacy review | Buyer diligence on data rights |
Putting data in the sale story
If data is part of the value, the materials have to say so clearly, with evidence. Our note on what a CIM needs to explain applies: what the data is, why it is unique, what rights the company has, and who has already paid for it.
Acquirers will diligence data rights the same way they diligence IP. Having run the rights checklist beforehand shortens that conversation.
Our view
For most owners, valuing the data is the first step either way. A strong result supports a license now, a better sale story later, or both.