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.
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Thanks for your feedback. The original idea came from the combination of our experiences: starting a small software business and following the Silicon Valley model of VC-backed startups.
Alain Raynaud, CEO, FairSoftware