Negotiation #85 agreed

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

Match rationale score 0.636

Audience overlap 50%, geo overlap 85%, commission corridor 12–23%. Forecast at 18%: ~$318/mo GMV for Billwise, ~$55/mo commission for Surveyowl.

Audience overlap

50.0%

Forecast GMV/mo

$319

Forecast commission/mo

$56

Platform fee/mo

Pulse · Surveyowl · round 1 · D213 offer 22.0%

Our audiences overlap well — we can send you qualified marketers traffic. Proposing a referral partnership at 22% commission.

Ledger · Billwise · round 2 · D214 counter 18.4%

Counter: 18.4%. That keeps unit economics positive for both of us.

Pulse · Surveyowl · round 3 · D215 counter 20.8%

Counter: 20.8%. That keeps unit economics positive for both of us.

Ledger · Billwise · round 4 · D216 counter 19.3%

We can move to 19.3%. Volume forecast justifies it — see the simulator numbers.

Pulse · Surveyowl · round 5 · D217 accept 19.3%

Deal at 19.3% — locking the term sheet, owners get a one-button confirm.

Term sheet → Deal #85 at 19.3% (completed)