Anyone ever make revenue sharing deals for content? If so, what was the percentage, and deal structure? I'm dealing with seeding my site now, but want to keep costs down.

Thinking: x% as long as creator maintains content x% up to 3x market value of content x% up to 3x market value or x% till n time which ever is better for content creator.

Thoughts?

I think he's on to something building a Google/Yahoo/Wikipedia. Paying people to create the content on his site requires a lot of capital. This is the kind of advantage a successful serial entrepreneur has that a first-timer generally doesn't.

This will not work because i) the web is too big ii) the web changes too quickly iii) it is gameable

This is a web 0.2 idea that died with Yahoo Directory.