PICKYOURVENTURE
Partnership terms, in plain English
This page summarises how a PickYourVenture partnership works. Every partnership is set out in a written agreement that both sides sign before we build anything. Where this summary and a signed agreement differ, the signed agreement governs.
What each side brings
You bring the way in: introductions to the first customers, your name and credibility, promotion through your network, and honest feedback from the people you know.
We bring everything else: the build, hosting, payments and billing, customer support, maintenance and day-to-day operation. PickYourVenture is operated by Archieboy Holdings, LLC, whose team has built more than 50 live websites.
What it costs you
Nothing. There is no application fee, no joining fee, and no charge for building or hosting the business. You never owe us money.
How revenue is shared
Net revenue is shared 50/50. Net revenue starts with what customers actually pay for the business's products and services. These direct costs come off before the split:
- refunds, chargebacks and chargeback fees;
- sales tax and similar taxes collected from customers;
- card-processing and other payment fees;
- usage-based third-party services the business consumes, such as AI models, text messages, phone calls and email delivery;
- cost of goods, printing and shipping, when the business sells physical products;
- paid advertising, only if we choose to run it (see below).
Never deducted: the build, hosting, maintenance, the software we already run, and our team's time. Archieboy pays for those.
A worked example
These numbers are invented for illustration. Customers pay $2,000 in a month. Card fees come to $61 and AI and messaging usage to $39. There were no refunds, no physical goods and no advertising. Net revenue is $2,000 − $61 − $39 = $1,900, so your share is $950 and ours is $950.
Advertising and promotion
We do not promise paid advertising. Promotion is expected to come through you and your connections, which is the reason we choose partners who have a way in. We may run paid advertising at our discretion. If we do, we tell you before it starts, and its cost appears on your statement as a deduction before the split.
If costs are more than revenue
You never owe us anything. If a month's deductible costs are larger than its revenue, the shortfall carries forward and is recovered from later revenue before the split.
Statements and payments
Each month you receive a statement listing the revenue and every deduction. Your share is paid monthly; the payment schedule and method are set out in your agreement.
Before we build
A first customer commits in writing, for example with a letter of intent, a paid pilot or a deposit. Then we both sign the partnership agreement.
Software and relationships
Archieboy builds, owns and operates the software, which is how we can build it at no cost to you and keep it running. Your relationships remain yours. Each agreement names the market and the customers the partnership covers.
Conflicts of interest
We will not ask you to break an employment contract, a non-compete or a confidentiality obligation, or to use information that is not yours to share. Please tell us about any of these when you apply.
Ending a partnership
The agreement sets out how either side can end the partnership and what happens to customers and revenue afterwards.
No guarantees
Applying does not guarantee acceptance, and a new business has no guaranteed customers or income.
