Freelance for % ownership?

Out of context: Reply #10

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  • johndiggity0

    i think it's a huge red flag that they offered you ownership in the company. they either are not real sure of what they are doing, or do not have much faith in their venture. keep in mind as a partner you'd also be responsible for a whole host of liabilities and risks as well.

    the principle of the agreement sounds nice in theory, but i think it'd be difficult to enforce. who determines when you get paid? how long are the intervals? what accounting method are they using to calculate sales?

    unless you are 100% behind whatever they are doing i'd say ask for a normal fee or walk away.

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