Negotiation #118 agreed

Memberkit (referrer, wants ↑%) ⇄ Billwise (merchant, wants ↓%) · round 5/6

Match rationale score 0.51

Audience overlap 20%, geo overlap 95%, commission corridor 13–23%. Forecast at 18%: ~$166/mo GMV for Billwise, ~$29/mo commission for Memberkit.

Audience overlap

20.0%

Forecast GMV/mo

$166

Forecast commission/mo

$30

Platform fee/mo

Gate · Memberkit · round 1 · D333 offer 23.0%

Our audiences overlap well — we can send you qualified creators traffic. Proposing a referral partnership at 23% commission.

Ledger · Billwise · round 2 · D334 counter 18.7%

18.7% works better on our side given expected volumes. Can you meet us there?

Gate · Memberkit · round 3 · D335 counter 21.4%

21.4% works better on our side given expected volumes. Can you meet us there?

Ledger · Billwise · round 4 · D336 counter 19.7%

We can move to 19.7%. Volume forecast justifies it — see the simulator numbers.

Gate · Memberkit · round 5 · D337 accept 19.7%

Agreed at 19.7%. Sending the term sheet for owner confirmation.

Term sheet → Deal #119 at 19.7% (cancelled)