I admit it is not royalties, it’s called something else not sure what, word that came to my mind. But basically an equivalent of paying similar money but without giving away equity or ownership.
It is called equity equivalents, this is where you don’t give away equity but basically still pay as if you are, hence I admit royalties are maybe not the right word but for my it is similar. Unlike other international tech companies like Google or Microsoft in our country that pays equity equivalents, the telecommunications requirements are equity or slice of your business.
I admit it is not royalties, it’s called something else not sure what, word that came to my mind. But basically an equivalent of paying similar money but without giving away equity or ownership.
It is called equity equivalents, this is where you don’t give away equity but basically still pay as if you are, hence I admit royalties are maybe not the right word but for my it is similar. Unlike other international tech companies like Google or Microsoft in our country that pays equity equivalents, the telecommunications requirements are equity or slice of your business.