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How to dispose of Karaoke assets???
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Author:  pip2016 [ Fri Dec 02, 2016 6:36 pm ]
Post subject:  How to dispose of Karaoke assets???

Dear All

I am chairman of a VC fund and have to dispose of some assets relating to karaoke: a UK registered trademark, a domain name, Facebook page, a web site and software for an online karaoke game with a pitch analyser.

Can anyone please suggest how I can dispose of these properties? Are there any technology providers who might be interested? The online game is a Flash-based system which allows players to compare their performances and so forth. the original company ran out of marketing money after making a considerable investment. We do not want the assets to go to waste and would ideally like to recover some of our investment.

I am advertising on eBay, but I am not confident that this will attract the attention of people in the business. Any suggestions would be very gratefully received.

Thanks all

Author:  TopherM [ Mon Dec 05, 2016 8:48 am ]
Post subject:  Re: How to dispose of Karaoke assets???

None of that's really worth anything except maybe the online game, and you are going to have a very small market of buyers for something like that. I'd ask the developers what they think it is worth, then deeply discount it. There's always a buyer if the price is right.

Author:  CafeBar [ Mon Dec 05, 2016 12:03 pm ]
Post subject:  Re: How to dispose of Karaoke assets???

Are the other assets all related to the game? I might suggest a 'fire sale' price to a company that's already selling karaoke products and is geared up to complete and promote it.

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