Logos "Pre-nub" Agreement

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Jonathan | Forum Activity | Posted: Thu, Nov 12 2009 2:03 PM

Does Logos have any stated plans for what will happen to our Logos collections if Logos should happen to go out of business or if technology radically changes.

What if :-) the kindle, Google books, etc. begins to develop a program which offers reasonable competition with Logos products?

Does Logos has a backup plan or "pre-nub" agreement for those who are replacing their paper books or foregoing the purchase of paper products?

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TCBlack | Forum Activity | Replied: Thu, Nov 12 2009 2:17 PM

Jonathan:
Does Logos have any stated plans for what will happen to our Logos collections if Logos should happen to go out of business or if technology radically changes.
First of all, since you own your books, you don't have to worry about that.  Mind you that doesn't protect you against massive tech changes like a move from Intel dominated computing to a sudden victory from Texas Instruments and a whole new architecture. 

That said, As long as Logos has been in business their stated plan has been to continue to grow, mature and innovate (L4 is one example of innovation).  They try really hard to be ahead of the curve or at least on it so that our investments are kept working by developing new engines for new computers.

Currently there is a trend at Logos towards duplicating your library capabilities over the net.  We're still a fair way off from that, but it's probably going to happen in one form or another.  At the moment the goal is not to replace your desktop running Logos, but to suplement it.

Jonathan:
What if :-) the kindle, Google books, etc. begins to develop a program which offers reasonable competition with Logos products?

Then you're free to buy further ebooks in whatever format you think has the most durability.  Logos has demonstrated all along a significant focus on backward compatabilty.  L4 will read old files, and older files are being updated.  I imagine that eventually if they can update every old file, they may in fact drop support for the deprecated formats, but your books will continue to be readable in Logos because they update the books (usually for free) and the engine.

Jonathan:
Does Logos has a backup plan or "pre-nub" agreement for those who are replacing their paper books or foregoing the purchase of paper products?
Ebooks are in some ways inherently risky.  So are paper books.  If my house catches fire - my personal library of thousands of $ of paper books and notes is gone!  But if my computer catches fire, I can purchase a new computer for $400-$1000 and after a download and indexing be operating with all of my books, all of my logos notes and barely skip a beat.

Risk is permanent in this world.  How that risk is managed is perhaps the deciding factor.

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Posts 347
Mitch Davis | Forum Activity | Replied: Thu, Nov 12 2009 2:23 PM

Amen. Well said, Thomas

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LogosEmployee
Bob Pritchett | Forum Activity | Replied: Thu, Nov 12 2009 3:51 PM

At the moment we're closely and privately held, with strong sales, no debt, and a positive bottom line. We should be around for quite a while.

If something awful happened, (freak lawsuit? please don't slip on our sidewalk...) and we were wiped out, I think that we now have a large enough customer base that someone would be interested in purchasing our technology and customer list as an asset out of bankruptcy. Continuing to support and grow the platform would make financial sense at some level for someone.

Posts 35
David Brown | Forum Activity | Replied: Thu, Nov 12 2009 4:25 PM

I think this will sound better coming from a customer...

It seems very hard to imagine Amazon, Google, or any other large company developing something so specialized and tuned to Biblical and pastoral studies. It is also difficult to imagine a small company developing something that could compete with Logos, especially with the advanced interface of Logos 4. That sort of thing takes a very large effort. It also takes a lot of money.

Posts 2212
Damian McGrath | Forum Activity | Replied: Thu, Nov 12 2009 4:30 PM

Bob Pritchett:
I think that we now have a large enough customer base that someone would be interested in purchasing our technology and customer list as an asset out of bankruptcy.

Will it be available on the payment plan? I'm a bit cash strapped after the upgrade...

Posts 620
Jonathan | Forum Activity | Replied: Thu, Nov 12 2009 5:15 PM

Thank you, all, for your thoughtful responses.

I am certainly not questioning the value of Logos software. I am a big lover of the software!

Friends and family, who are not in the ministry, have questioned me regarding the wisdom/value of a software program over paper books. I've expressed some of these ideas to them, but hearing it said by the company president offers me the reassurance that I was looking for.

Logos definitely adds a level of value to a book which a paper book would never offer. That being that the book is more likely to be searched, read, and used.

However, one frustration I've experienced is that I buy a book thinking I don't own it, and later discover it was included in my Logos base package. Unfortunately the Logos software can't do anything about my memory.


Any chance Logos might offer cataloging of our print books? There might be value in the idea from a sales perspective. If I own a book that Logos later decides to produce, I would be likely to sell my hard copy to replace the book. Logos could inform us whenever a book in our print library becomes available for Logos. That would be neat!

 

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Chris Elford | Forum Activity | Replied: Thu, Nov 12 2009 5:19 PM

I keep reading this topic as "Pre-nup" and and wonder if Bob thinks of the launch of L4 as a wedding or anniversary? He is definitely wedded to the enterprise and there seems little likelihood of a separation.

Chris

Posts 2312
Ronald Quick | Forum Activity | Replied: Thu, Nov 12 2009 5:22 PM

Jonathan:
However, one frustration I've experienced is that I buy a book thinking I don't own it, and later discover it was included in my Logos base package. Unfortunately the Logos software can't do anything about my memory.

I just recently did that and called Logos back.  They simply put the cost of the book as a credit towards my account that I can use when I purchase something else - which is too easy to do.

Posts 620
Jonathan | Forum Activity | Replied: Thu, Nov 12 2009 5:31 PM

Actually, I mean that I have purchased a paper copy of a book and only later realized it was already in Logos. There's too much stuff available for Logos!

Now if Logos will give me money for paper books that I want to trade for electronic books they just bought themselves a TON of business! Smile


Of course I'm sure we'd all do that if given the option!

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Matthew C Jones | Forum Activity | Replied: Sun, Aug 31 2014 7:26 PM

TCBlack:
Ebooks are in some ways inherently risky.  So are paper books.  If my house catches fire - my personal library of thousands of $ of paper books and notes is gone!  But if my computer catches fire, I can purchase a new computer for $400-$1000 and after a download and indexing be operating with all of my books, all of my logos notes and barely skip a beat.

I lost 2000 paper books when the roof blew off the storage unit I had them in. They were soaked by the thunderstorm and a total uninsured loss. Conversely, my HP laptop had a meltdown. I just bought a replacement laptop and restored all my books with ease. How else can you lug around thousands of books when you travel?

Logos 7 Collectors Edition

Posts 8601
TCBlack | Forum Activity | Replied: Mon, Sep 1 2014 1:20 PM

ST you just rejuvinated af 5 year old thread. :-)  

Sorry to hear about the dead tree book loss though.  :-(

Truth Is Still Truth Even if You Don't Believe It

Check the Wiki

Warning: Sarcasm is my love language. I may inadvertently express my love to you.

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