Partnership Strategy and Advice

[Ray Hayward]

I am working with a General Contractor to determine if we can find a way to partner up in hopes to make project numbers work.  He is interested in equity in exchange for “Sweat Equity”.

My thought is to offer equity based on reaching Schedule and Milestone incentives.  I am curious to know if anyone here has successfully done the same.  If yes, what were your clauses and triggers?

What is a reasonable equity share to offer the GC?  What would you factor in creating a win-win situation for yourself and the GC?