Given the wide range of projects submitted, we often begin with a simple question: Would we enjoy creating this? If yes, we take the time to get to know our prospective partners. We want to engage with people we trust and feel prepared to take on the responsibility of acquiring users for the products we co-create. Our analysis covers several verticals, including professional history, network connections, ability to demonstrate a demand for the idea (whether through existing research or the capacity to loop us into conversations with key decision-makers), and more. There is a significant quantifiable component to our decision-making process that is grounded in a "vibe." Tributary. is a value-based organization seeking to collectively elevate those we partner with, so we need to be sure that prospective partners share this vision.
If accepted into a partnership with Tributary. there is zero ($0.00) financial cost to participate in the venture. Partners commit to specific time (focus and energy) requirements outlined in a partnership document prior to launching the project. We seek to be a venture studio for those lacking traditional VC connections and those uninterested in all of the drudgery associated with building and maintaining products.
We focus on creating products that do one thing extremely well, often augmented by AI. Depending on what your product vision entails, the time to produce it varies. Most products are ready to market within 1-3 months.
While every partnership agreement is different, we aim to provide around 20% of gross revenues to our creative partners on all business they bring in for the lifetime of said business. So long as the accounts stay subscribed, partners continue to receive residuals. Partners are intended to be the stewards of these relationships and offer support when necessary. The Tributary. team handles technical support issues whenever necessary. Our products typically allow for direct sign-ups as well. Depending on the partnership we may/may not account for direct sign-ups in a partners commission structure. Revenues payouts are automated whenever possible.
As Tributary takes on significant risk by dedicating time and capital to producing products, we expect our partners to embrace a similar commitment. Before formalizing a partnership, Tributary. and our respective partners develop a consensus around several KPIs to be met during and after the product's completion. If a partner commits to those KPIs before the buildout but does not complete them after the project is complete, Tributary will bill the respective partner for the work completed. In these scenarios, full rights/assets to the product are transferred to the partner after payment. Most of our partnerships include a clause of personal responsibility that partners must agree to before the start of work.
Tributary. fronts significant intellectual, technical, and financial capital to build products for partners we like. Since there is essentially zero risk for partners, we retain full rights to our creations. Our revenue share agreements are generous and offer ample pathways to uncapped recurring revenue for our partners' paid accounts. As the old saying goes, ideas are worthless without proper execution. Tributary. is a seasoned execution studio that will bring your vision to life while freeing you from all burdens associated with founding a startup. While we may make exceptions in rare cases, if you desire to retain ownership of your project our partnership model may not be for you. Instead, you can contact us to share your idea and note that you are interested in receiving a quote for direct development.
It depends on when you stop. All partners enter into a contractual obligation that details the work they must do after the product. Tasks like outreach, promotion, and actively selling the product. If these tasks are not completed there are consequences outlined in the partnership agreements. If a partner meets their initial obligations, acquires accounts, and decides to stop selling, that is OK! They still receive lifetime residuals for as long as the users of their product continue to subscribe to the service. If those subscriptions churn revenues are adjusted accordingly. Partners do not accrue revenues for direct account sign-ups that they are not responsible for bringing in.