Along the lines of a traditional royalty model perhaps? I could see that being an interesting third possibility, versus either equity (as monkeymeister suggests) or deferred compensation (as tptacek suggests), or just plain cash. But yes, it seems like a good fit mainly for cases like an iPhone app where you have a specific delineable product to apply royalties to, roughly like you do with books or music albums.
Agreed - this is also another option. Perhaps I've placed a little too much emphasis on the equity stake side. This would also be a great way to proceed, with a straight royalty or revenue share option for the like of a partnership agreement.
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Along the lines of a traditional royalty model perhaps? I could see that being an interesting third possibility, versus either equity (as monkeymeister suggests) or deferred compensation (as tptacek suggests), or just plain cash. But yes, it seems like a good fit mainly for cases like an iPhone app where you have a specific delineable product to apply royalties to, roughly like you do with books or music albums.
Agreed - this is also another option. Perhaps I've placed a little too much emphasis on the equity stake side. This would also be a great way to proceed, with a straight royalty or revenue share option for the like of a partnership agreement.