I'm an architect with a little over 10 years of exp. I've heard a lot about Jonathon Segal and his approach to development. That's something that I'd love to do one day, but will would like to take baby steps to get to that point. I'd love to know people's thoughts on the idea of the architect taking equity in a project instead of money up front. It seems like that could be a win/win for everyone. Or a maybe good way to get screwed....
Can anyone comment on things to be aware of, or to avoid, when using this payment method?
Also does anyone know of any architects who are actively either developing projects or taking equity? I'd love to talk to someone about this.
Since I have a good job and don't really "need" the money, it seems like this could be a great way for me to moonlight my way into some pretty good gigs.