ENTANGLED IN SHADOWS (MINSUNG)
EPISODE 5 "GAME-CHANGING COLLABORATION"
Suddenly, an unexpected opportunity arises:
Tech Giant, samsung, expresses interest in collaborating on smart home automation system
So han decided to seek advice from esteemed business mentor, jack ma
investor
Ah, Samsung's interest is a great validation for your product. Consider their proposal carefully
Han Jisung
What are the potential benefits and risks?
investor
BENEFITS: access to Samsung's vast resources, expanded market reach, and credibility boost
investor
RISKS: lost of control, potential dilution of your vision, and dependency on Samsung
Lee Minho
(via call) we should consider their offer, but ensure we protect our intellectual property
park seo joon
(via call) i agree, and clarify their expectations for our team's involvement
ji chang wook
(via call) financially, it could be a game-changer
Bae suzy
(via call) branding wise, alignment with samsung enhance our credibility
investor
Weigh the pros and cons, negotiate terms, are prioritize your vision
With valuable insights, they are ready to engage with samsung
Han Jisung
(he gather his team to discuss Samsung's proposal)
Lee Minho
We should consider their proposal, but protect our IP
park seo joon
I agree, clarify their expectations for our team's involvement
ji chang wook
Financially, it attractive, but ensure we maintain control
Bae suzy
Branding wise alignment with samsung boost credibility
Han Jisung
let's outline out non - negotiate terms
Together they established key conditions:
#Maintain creative control and decision - making
#protect intellectual property
#define clear roles and responsibilities
#ensure their revenue sharing
With a united front, they are ready to engage with samsung
Han Jisung
(he schedule a meeting with lee minho)
Han Jisung
minho, when are your available to finalize partnership details?
Lee Minho
How about tomorrow at 2PM at my office?
Han Jisung
Works for me. I'll bring Gim with me as well
Lee Minho
Excellent! I'll have my legal team prepared
Han Jisung
Great. See you tomorrow
MEETING SCHEDULE:
Date : Tomorrow
Time : 2PM
Location : lee minho's office
Attendees : Han, Lee Minho, Gim and lee minho's team
Partnership agreement draft
CONFIDENTLY AND NON - DISCLOSURE AGREEMENT
Purpose: define confidential and non-disclosure terms for partnership discussion
Definitions: "confidential information"means all information shared between parties.
"parties" refers to both han and lee know's company
Obligation:
-parties agree to maintain confidentiality of shared information
-information shall not be disclosed to third party without prior consent
Partnership structure:
Joint venture: both han and lino's company shall establish 50-50 joint venture
Roles and Responsibilities:
Han's company shall provide innovative services
Lino's company shall provide market expertise
Financial terms:
1. Investment: initial investment shall be [$×], split equally between both parties
2. Revenue sharing: parties shall share revenue equally (50-50)
Han Jisung
(he decided to send the draft to lino for review)
Han Jisung
(He email the partnership agreement draft to lino)
Han Jisung
Email subject: Partnership agreement draft for review
Dear lee minho,
Please find attached the partnership agreement draft for your review. I've outlined the key terms, including confidentiality, partnership structure, and financials.
Your feedback is invaluable. Let's discuss any revisions and concern tomorrow at our 2pm meeting.
Best Regards
Han Jisung
Lee Minho
(he responded promptly)
Lee Minho
Email subject: Re-partnership agreement draft for review
Dear Han Jisung,
Thank you for the draft. I've reviewed it and have some minor suggestions. Looking forward to discussing them tomorrow.
See you at 2pm.
Best Regards
Lee minho
Tomorrow's meeting is approaching
Meeting strategy session with Gim.
Han Jisung
Gim, Minho has reviewed the partnership agreement draft. He'll share his suggestions tomorrow
choi (taesan)
Excellent! let's prepare our strategy
Han Jisung
What are key points to emphasize?
choi (taesan)
Reiterate our innovative services
Value and clarify financial expectations
Han Jisung
Any potential concerns?
choi (taesan)
Watch for signs of renegotiation or hesitation on investment
Han Jisung
Solid plan. What our walk - away point?
choi (taesan)
If minho requests significant changes or unequal equality distribution
TOMORROW'S MEETING AGENDA:
#introduction and expectations
#review partnership agreement draft
#discuss Lee's suggestions
#negotiate and finalize terms
#next step and timelines
Han Jisung
(he feel prepared and considered alternative partnership options)
Han Jisung
Gim, what if minho's suggestions aren't acceptable?
choi (taesan)
We should have alternative options ready
Han Jisung
What are our alternatives?
choi (taesan)
We could explore partnership with other companies or investors
Han Jisung
which companies?
choi (taesan)
I've researched potential partners. let's discuss prons and cons
Han Jisung
(he review potential partners, weighing benefits and drawbacks)
Alternative partnership options:
#Company X:- strong market presence but less innovative
#Company Y:- innovative, but smaller market shares
#Company Z:- flexible investment terms, but higher equity stake
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