> IANA Employment Lawyer, so take everything here with a huge grain of salt, but is the separate product going to be a separate company? If it is would some mix of equity + cash work? If not, it seems like some custom contract based on the product and its dedicated revenues/profits might be necessary with lawyers involved.

It will be, yes! I do think it should work. I think I'm slightly worried about how much is appropriate given an unspecified time commitment.

> But no one, especially early on when they're small or solo, wants to go hire a lawyer to write these contracts. I wonder if we can create good templates for rev/profit shares for solo/indie/bootstrapped businesses. Think the SAFE that YC created, but more around profit or revenue shares.

Think this is a fantastic idea actually! I think there's a lot of projects out there that would benefit from this type of risk sharing in a way that would make sense for both parties.

> If this is interesting to you shoot me a msg would love to talk to others who are seeing this type of problem.

I'll definitely do that. Let me try to do a bit more research on my part too!

> Also, if you know Gumroad, they're building out a new product called Flexile.com that enables companies to hire contractors but also give them equity/dividends. It's not released yet, but may be worth looking into and getting on the waiting list. May or may not solve this exact problem but it's in a similar realm.

Super interesting. Will go and check it out!