I have been on a fruitless search for a technical partner to help me build a web startup. In the meantime, I went ahead and had the MVP built by an offshore company. They've done a pretty good job, are very responsive, and I'm pretty happy with them.
Since my luck with finding a technical person still hasn't turned around, I would like to enter a partnership agreement with the offshore company.
I cannot offer any more funds but I would like to offer them equity. Also, I will continue my search to find a technical co-founder so I would like to take that into consideration as well when deciding upon the terms.
Since I will be approaching the offshore firm with this idea, I was wondering if I could get the help of the people on this forum with regards to the type of terms I should be thinking about.