The simple pitch at fairsoftware.net is very attractive: Team up (find people you can trust), sell, share (reward your team).
Our unique system is powered by a legally sound contract, the “Software Bill Of Rights,” in which virtual “shares” represent decision-making and revenue-sharing rights.
It’s easy to give shares to anyone who helps out in some way, large or small. You hire people with shares instead of cash, growing a team that is committed to the project’s success.
I haven’t used this new product/site offering, but I have been involved in the past with software development paid in part by revenue sharing. That worked for me. It took a fair amount of negotiation and legal work, which this new site seems to suggest it can help solve.
I heard about this site from a post titled Innovator to Watch on the Demo.com site, just two days after the fall Demo conference.
Tim Berry is the founder and chairman of Palo Alto Software and Bplans.com. Follow him on Twitter @Timberry.
