I have a business idea, pitch and domain name that has been accepted by a company to take forward.
The deal they are looking for are:
1. I pay 4k upfront
2. We have a 80/20 split in my favor until I recover my 4k
3. After that we run at 50/50 split of revenue
4. We have joint ownership of the company (50/50 split)
Is this normal? Should I be willing to give up a 50% stake in the business vs having a separate arrangement on a 50/50 revenue split but no stake in the company?
Question answered on August 21, 2009 at 08:53 AM ::
Comments to date: 4
