Updated October 2026
License My Data: an intermediary with three entry routes
Key facts
License My Data in its own words and others'
| Fact | Value and source |
|---|---|
| License My Data requirements | A: 30+ employees, 2+ years. B: 100+ employees, 4+ years, 3+ systems, outside the EU and UK. C: closed, 50+ employees at peak, substantial Slack or Teams history |
| License My Data model | Non-exclusive licence or one-time exclusive buyout; paid out of the transaction; the company is never named to the licensee and data is pooled |
| License My Data (broker) | Takes companies with 30+ employees and 2+ years, or closed companies with 50+ staff at their peak; shares commission per deal |
| License My Data company details | Operated by Minimus Ventures LLC, a California LLC in Newbury Park; no street address or people named |
Who qualifies
Its three requirements
Requirement A is a trading company with 30+ employees and 2+ years. Requirement B is a larger one: 100+ employees, 4+ years, 3+ systems in active use and operations outside the EU and UK. Requirement C is a closed company that had 50+ employees at its peak and kept substantial Slack or Teams history, in one of ten countries including the US, UK, Canada, India and Germany.5
Route C is unusual. Most operating-company buyers set floors on current headcount, and a closed startup otherwise usually goes through a wind-down channel such as SimpleClosure, where deals typically run $10K-$100K.5,6
The deal
Licence or buyout, pooled and unnamed
It offers either a non-exclusive licence you can place again and again, or a one-time exclusive buyout. Your company is never named to the licensee, and your data is pooled with other sources. It works with trustees, administrators, liquidators and wind-down officers, and shares commission with brokers and introducers who bring deals under a written agreement.1,2
Company details
Who operates it
Before you sign
What to ask
Pooling protects your name but makes it harder to see who ends up with your data. Ask which processors and licensees it places with, what share of the transaction it keeps, and, for a buyout, what you are giving up for good.1
Check first
How to check License My Data, or any buyer
The same checks for every company we profile. We state facts; you decide.
- 1.Find the company behind the ad: a legal name, a registered address and named people.
- 2.Ask for a written offer and a sample agreement before you send any data.
- 3.Ask who removes personal data, by what method, and approve it before anything is exported.
- 4.Ask which AI labs will receive the data, and whether you will be told.
- 5.Ask how they are paid: by you, by the buyer, or from a share of your deal.
- 6.Get terms from at least one other buyer before you answer.
FAQ
Questions, answered with sources
Trading firms with 30+ employees and 2+ years; larger firms with 100+ employees and 4+ years outside the EU and UK; and closed firms that had 50+ staff at peak with Slack or Teams history.5
It says your company is never named to the licensee and your data is pooled with other sources.1
Either: a non-exclusive licence you can place repeatedly, or a one-time exclusive buyout.1
We do not answer legal questions. Ask the licensing company: their team reviews this with you before anything is signed.
Before you sign
Legal questions go to the licensing company
We do not answer legal questions. Ask the licensing company before you sign: their team reviews these with you.
Questions for this kind of business
- If we choose a one-time exclusive buyout, what rights do we keep in our own records?
- Who owns this data: the company, an estate, or someone else?
- What are the trustee's, assignee's, receiver's or board's duties, and who receives the proceeds?
Questions for any buyer
- Is the license exclusive, and for how long?
- Can you sublicense the data, and to whom?
- Which AI labs will receive it, and will you tell us?
- How long do you keep it, and how is it deleted?
- What is your liability cap, and who indemnifies whom?
- Will the contract ban re-identification of people in the data?
- Who removes personal data, by what method, and do we approve it first?