Apply HN: AuthorInvestments – Trade Future Royalty Rights

Post by _AllisonMobley » Fri, Apr 08, 2016, 2:57 PM UTC

rubynav wrote: post #10

_AllisonMobley wrote: post #8

Earlier quoted context omitted.

I appreciate your interest! I've started my sales sprint, lean start up style. I've got this amazing author offering a 1 percentage ownership stake in her future royalties for just a hundred dollars, to get the ball rolling and create the need for what needs to be built. As for taxes, I'd get some help on that for sure, but I cut you a check for your earned royalties, you pay taxes on it, no different than the writer…

1% is a good start, but since it's still early, maybe you can negotiate a 2% for $125-$150... Doesn't hurt to try ;)

Post by BinaryIdiot » Fri, Apr 08, 2016, 4:23 PM UTC

_AllisonMobley wrote: post #3

BinaryIdiot wrote: post #2

It took me a minute, after reading your sparse description a couple of times, to figure out what you want to do. This is interesting I've never heard of this type of market. So would this be like the publisher houses of old where they would give an author an advance, they write and publish the book, then the author essentially doesn't collect (or collects less) from book sales until the advance is paid back? Is it so…

It is somewhat similar to that, but also different. For discussions sake, let's say my books bring in $100 a month today. As a self published author, I keep 100 percent of my royalties. I take 10 percent, and create 10 shares, offering each for sale for $100 a piece, each entitling its owner to 1 percent of my future monthly royalty payments for as long as they own the share. Right now each would be paying a monthly…

Post by bpicolo » Fri, Apr 08, 2016, 11:02 PM UTC

_AllisonMobley wrote: post #3

BinaryIdiot wrote: post #2

It took me a minute, after reading your sparse description a couple of times, to figure out what you want to do. This is interesting I've never heard of this type of market. So would this be like the publisher houses of old where they would give an author an advance, they write and publish the book, then the author essentially doesn't collect (or collects less) from book sales until the advance is paid back? Is it so…

It is somewhat similar to that, but also different. For discussions sake, let's say my books bring in $100 a month today. As a self published author, I keep 100 percent of my royalties. I take 10 percent, and create 10 shares, offering each for sale for $100 a piece, each entitling its owner to 1 percent of my future monthly royalty payments for as long as they own the share. Right now each would be paying a monthly…

Post by _AllisonMobley » Sat, Apr 09, 2016, 5:23 AM UTC

mdorazio wrote: post #16

Three questions: 1) Are we talking royalties for (i) a single produced work? Ex. I get 1% of a particular book that you're writing or publishing. Or (ii) is it 1% of all future royalties from any written work that you publish? In the latter case, the legal framework will get rather convoluted because you'll need to define the exact scope of what is and is not covered (what about monetized blog posts? what if you shad…

Post by _AllisonMobley » Sat, Apr 09, 2016, 5:25 AM UTC

BinaryIdiot wrote: post #13

_AllisonMobley wrote: post #3

Earlier quoted context omitted.

It is somewhat similar to that, but also different. For discussions sake, let's say my books bring in $100 a month today. As a self published author, I keep 100 percent of my royalties. I take 10 percent, and create 10 shares, offering each for sale for $100 a piece, each entitling its owner to 1 percent of my future monthly royalty payments for as long as they own the share. Right now each would be paying a monthly…

I think I understand but I don't really know anything about that space so good luck to you :)