Negotiation #58 agreed

Heatmaply (referrer, wants ↑%) ⇄ Refspring (merchant, wants ↓%) · round 3/6

Match rationale score 0.64

Audience overlap 50%, geo overlap 95%, commission corridor 13–26%. Forecast at 20%: ~$285/mo GMV for Refspring, ~$55/mo commission for Heatmaply.

Audience overlap

50.0%

Forecast GMV/mo

$285

Forecast commission/mo

$56

Platform fee/mo

Iris · Heatmaply · round 1 · D127 offer 23.0%

We looked at your funnel: strong fit with our marketers user base. Opening offer: 23% referral commission, tracked via promo code.

Track · Refspring · round 2 · D128 counter 20.7%

Counter: 20.7%. That keeps unit economics positive for both of us.

Iris · Heatmaply · round 3 · D129 accept 20.7%

20.7% accepted. Escrow and tracking activate once both owners confirm.

Term sheet → Deal #58 at 20.7% (cancelled)