Is this a real opportunity or just a pitch?
There is a real market. Our licensing partner says it has paid firms with 60 to 100 people between $350,000 and $650,000; a federal court filing records Google's $10 million winning bid for Spirit Airlines' records. Those transactions involved other firms, not ours. You'll see your offer in writing before making a commitment, and offers to many firms fall below those amounts.
What would I pay?
Nothing at any point. When a transaction closes, our licensing partner pays Pewter a fee. No deal means no fee.
Who handles the work, and who is your client?
Pewter identifies and qualifies the opportunity, assesses your records, delivers the offer and coordinates the transaction. Your licensing partner makes the offer, pays you and signs your license; you'll know its identity before signing anything. Since the partner pays our fee, we don't act as your lawyer or agent. We are not a law firm or registered broker-dealer. We recommend having your own counsel examine the agreement.
Will my data be taken away?
No. The transaction licenses an agreed, de-identified copy. Your original files remain yours, and your ownership is unchanged.
Could clients or employees be identified?
Before delivery, we remove or replace names, contact details, account numbers, credentials and payment details. You can exclude regulated, privileged or third-party records. Some risk remains with every method, so you examine a sample and the process before signing. Our approach to records.
Who may review records before I sign?
Only with your consent. We may request a small sample to assess quality before an offer; Pewter or the licensing partner could review it. You decide what the sample contains and may refuse. The full export takes place only after you sign.
Who uses the data, and what's the purpose?
Authorized AI developers may train and evaluate models, as set out in your agreement. The terms you approve specify 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?
Plan on a few hours of your time: two or three calls, plus a brief inventory of your systems. If an export is required, we coordinate with your IT person or provider, who runs it. Creating new data or cleaning existing material isn't required.
What if I don't know what data we have?
That's true for most owners. Name the tools you've used over time, such as email, shared drives and your accounting or operating system, and we'll identify what's there during the call. To estimate it yourself beforehand, our no-cost guide explains where to find the figures in Slack, Google, Microsoft 365 and a dozen other tools.
Why move soon?
Labs are purchasing now. One AI data company has committed $1 billion for the coming twelve months alone. The value is in the history you still hold: lapsed subscriptions or a business winding down can lead to deleted archives and lost value.
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