This is my first visit here, so hi.
I have been asked to write some software for a startup which has an exciting plan. All options are open and in the first instance about 6 months of work is involved to get to a Phase 1 product. As a rule of thumb should I take the opportunity of a share in the company or keep my distance and take royalties. This is a risk share so a traditional fee based approach is not preferable. Also I feel I would want to keep the IP although I would be encouraged to release this for a share of the business.