lonelysandwich
Joined 12 years ago
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http://sandwich.co
http://adamlisagor.com
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That said, when a project with a small startup without much capital is interesting enough (read: first of its kind, first to market, best in class), there are other arrangements to be made. We figure out some sort of equity and/or revenue share with more than half of our clients, where it makes sense to forego some of our markup and other fees in exchange for opportunity to participate in the future success of a product.
I do have a reputation for picking strong contenders, and that has probably been my best asset in bringing interesting new projects. If it starts to happen a lot, that my clients fail to deliver on the promises they ask me to make, then I have to adjust. But for now, my track record is pretty shiny.