Introduction to SourceX for Your Portfolio
As a venture platform team, you play a crucial role in supporting your portfolio companies. When it comes to unlocking new revenue streams from their proprietary data assets, SourceX offers a specialized solution. SourceX is the enterprise data transaction layer for AI, managing data licensing from sourcing and rights review to delivery and payment. We do not train AI models; our focus is solely on facilitating licensing transactions.
This template provides a clear, concise way to introduce SourceX to your portfolio companies, setting appropriate expectations about the referral process and the nature of our engagement.
Referral Program Overview
Our partner referral program allows anyone to join and earn rewards. You earn 25% of the eligible platform fees SourceX actually collects from the referred company's licensing deals, up to $100,000 cumulative per referred company. The partner reward is a share of SourceX's fee and is never deducted from what the company receives. Rewards become payable only after the buyer pays and SourceX receives its fee. A lead, meeting, or signed agreement alone does not trigger payment.
Template: Introduction to SourceX
``` Subject: Opportunity: Monetize Data Assets with SourceX
Hi [Company Contact Name],
Hope you're having a productive week.
As part of our commitment to providing valuable resources and opportunities for our portfolio companies, I wanted to introduce you to SourceX, a platform that helps companies license their data assets to AI labs and data buyers.
SourceX is focused on managing the entire data licensing transaction process – from ensuring rights compliance to handling secure delivery and payment. They work to create new, non-dilutive revenue streams for companies like yours from data you already own.
Key points about SourceX:
- Monetize Data: Explore licensing your proprietary data to AI labs and data buyers.
- Streamlined Process: SourceX handles the complexities of data licensing, including sourcing buyers, rights review, and payment processing.
- Your Control: Any engagement with SourceX is entirely at your discretion. You maintain full control over your data, the terms of any potential licensing deal, and whether to proceed at any stage. SourceX does not train AI models with your data.
What's Next?
If you're interested in learning more, I can facilitate an introduction to the SourceX team. This initial conversation would be an opportunity for you to understand their process, assess how your data might fit, and ask any questions without obligation.
There is no guarantee of specific outcomes or payments from an introduction. SourceX assesses each company based on specific criteria, including being a US company with 50+ full-time employees at peak, years of operating records, rights to license the data, and an authorized sponsor.
Please let me know if you'd like me to make that connection. I'm happy to discuss this further if you have any questions.
Best regards,
[Your Name/Team Name] [Your Venture Platform Team] ```
Why This Approach Works
This template is designed to be informative yet balanced. It clearly states what SourceX does and how it might benefit the portfolio company, without over-promising or creating undue pressure. It emphasizes the company's autonomy and sets realistic expectations about the process and potential rewards. Credit goes to the first valid referrer whose introduction leads to a verified company application within the attribution window.
Checklist for Your Referral Email
- Clearly identify yourself and your platform team.
- Briefly explain SourceX's core function: enterprise data licensing for AI.
- Highlight the potential benefit to the portfolio company (e.g., new revenue, managed process).
- Explicitly state that the company retains full control and discretion.
- Avoid guaranteeing outcomes, deal values, or payment.
- Mention key company baseline criteria (US, 50+ FTE, data rights, authorized sponsor).
- Offer to facilitate an introduction, not obligate it.
- Ensure no mention of specific reward percentages or dollar amounts to the referred company.