3 ms·
The trouble with profit-sharing is that however tightly written the agreements, you're at the mercy of the entity controlling the value chain, since they can co
by inopinatus 4y ago
The trouble with profit-sharing is that however tightly written the agreements, you're at the mercy of the entity controlling the value chain, since they can cookie-jar any surplus out of existence.
The film industry is notorious for this, so much so that such sharp practices are named for them¹.
To be clear, I'm not accusing PragProg of anything of the sort, but on general principle I'd be super wary of any such deal.
[1] https://en.wikipedia.org/wiki/Hollywood_accounting https://en.wikipedia.org/wiki/Hollywood_accounting.