01
What percentage of revenue is shared, and on what base?
12% of net venture revenue — and only once you have real traction. Net means gross receipts from your customers less refunds, chargebacks, and GST (Founder MSA §4.1). Not gross, not profit.
Vol. 01 · Perth, WA · MMXXVI
●DOSSIER DD-00Due diligence / Answered on the record
Founder due diligence
Interrogate
the deal
before you sign.
Someone wrote a checklist for vetting venture studios like us. Good — you should use one. Here are our answers to every question on it, including the ones most studios dodge.
No equity◆You own the code◆Capped rev share◆Month-to-month◆Data portable on request◆We name the platform fee◆No equity◆You own the code◆Capped rev share◆Month-to-month◆Data portable on request◆We name the platform fee◆No equity◆You own the code◆Capped rev share◆Month-to-month◆Data portable on request◆We name the platform fee◆
File DD-01 / Commercial structure
The money / rev share + fees
Two numbers, both on the table. We don't bury the platform fee.
02
Are there other fees on top of the rev share?
Yes — and we'll name it plainly rather than hide it: a separate 1.5% platform transaction fee on Quokkacorn-processed venture revenue, from your first customer payment. It is not the rev share and it does not count toward the A$250k cap. Tier subscriptions: Builder A$149/mo, Pro A$399/mo. No setup fee on self-serve; hands-on Launchpad setup is quoted A$1,500–A$3,000 one-off.
03
When does rev share start, and how is it paid?
It's deferred until you cross 5 paying customers AND A$3k MRR (both required). Until then, 0%. After that it's calculated monthly from the revenue reported in your workspace and reconciled against Quokkacorn-processed payments.
04
What's the cap, and what happens when it's reached?
A$250k OR 36 months from launch, whichever comes first. When you hit it, rev share drops to 0% and the venture rolls onto Alumni flat hosting (A$299–A$1,999/mo by size, month-to-month) — or you buy out anytime at 24× your last month's payment. Your ownership doesn't change.
05
Are hosting, AI, and infrastructure costs included?
On Pro/Concierge, managed hosting, billing, analytics, and platform ops are included. AI usage is metered — as volume grows we discuss cost so it scales with your revenue, not ahead of it. Shared platform upgrades ship to everyone; bespoke per-venture builds beyond the agreed scope are quoted as change requests before they start.
File DD-02 / Ownership & IP
Who owns / what
Your code, data, and domain are contractually yours — and portable.
01
Who legally owns the source code, and when?
You do — throughout. There's no "Quokkacorn holds the code until you've paid X" clause. You take it via your build pack plus a source and data export; repository and cloud-project access are provided on hand-over or request today, and we're moving to standing, self-serve access. Hire your own developers to extend or fork it whenever you like.
02
Do I own the intellectual property created during development?
Yes. The product we build is yours. It runs on standard third-party building blocks (the Next.js / Firebase stack, AI providers) under their own ordinary licences — the same as any modern software — but those aren't Quokkacorn licences sitting over your product, and there are no restrictions on commercialising it independently.
03
Who owns customer data, and can I export all of it?
You own it. It's stored in the region you pick at venture creation — Sydney, Iowa, or Belgium — and immutable after that (platform data lives in Sydney, australia-southeast1). Full data export is available on request (we're making it self-serve).
File DD-03 / Infrastructure & portability
Getting in / and out
The honest section. Here's what we run today, and how you leave.
01
Who controls hosting, domains, and cloud infrastructure?
You own and control your domain. Today, Quokkacorn provisions and operates the cloud infrastructure for a managed venture (a dedicated Google Cloud project per venture) — that's the managed-ops value you're paying for. But because you own the code and data throughout, the operating layer is the only thing we hold — and there's a documented migration path for taking the venture onto infrastructure you control.
02
Can I migrate elsewhere? Any penalties for leaving?
Yes. Subscriptions are month-to-month — no lock-in, no exit penalty. You own the code and data, and we provide documentation and onboarding support so your own developers can take the venture forward on infrastructure you control. If you want the migration-assistance and no-penalty terms written explicitly into your agreement, ask — we'll put it in writing.
03
What happens if Quokkacorn ceases operating?
The protection is designed to be structural, not a promise: your domain and customer data are yours, your venture code is yours to take, and we're putting in place a standing deposit — a buildable copy of your code plus a data export, in storage you control — so it doesn't depend on us being around to act. Want it written into your MSA as a wind-down clause? Ask, and we'll put it in writing.
File DD-04 / Product & AI
What gets / built
One correct vertical slice you can grow from — not a vague 'everything'.
01
What's in the initial build, and how are changes handled?
Scope is defined with you in the validation/scope work before any build — a real backlog, not a hand-wave. Work beyond that agreed scope is a change request, scoped and quoted before it starts. Shared platform upgrades reach every venture.
02
What testing, uptime, and service levels are guaranteed?
Builds ship with tests (unit + emulator) and the platform is continuously deployed on Google Cloud Run. On formal per-tier uptime/SLA targets we'd rather be straight than glossy: those are being finalised — ask for the current commitment and we'll give you the real number, in writing, not a marketing one.
03
Which AI models do you use, and can providers be changed?
OpenAI and Anthropic (Claude) today. The architecture isn't married to one provider, so models and providers can be changed as the landscape moves.
File DD-05 / Support & growth
After / launch
We give you the launch tooling. You own the customers.
01
What support is included, and for how long?
Ongoing while you're on a managed tier — Pro includes managed ops; Concierge adds a dedicated support queue. We answer founder email personally, usually within a day.
02
Do you do go-to-market and sell for me?
We give you the tooling — landing pages, marketing image/video generation, a traffic playbook — and strategic guidance through Studio Copilot and cohort support. But you own sales and customer relationships. We don't sell your product for you; that's the operator-founder model, and it's the point.
File DD-06 / Funding & exit
Raising / & selling
Equity-free by design, so it doesn't sit on your cap table.
01
Can I raise venture capital later? How do investors view this?
Yes — the model is deliberately equity-free. A capped, time-limited rev share that converts to flat hosting is far easier to diligence than open-ended equity or an uncapped royalty: it ends, and investors can model it.
02
If I sell the business, does Quokkacorn take a cut?
We hold no equity, so there's no silent change-of-control windfall. An in-window rev share can be bought out at 24× the last month's payment, or an approved sale runs through Verified Transfers at a 7.5% broker fee. Spelled out in the MSA.
03
Does the deal get more expensive as I grow?
No — it shrinks. Rev share is capped and time-limited, then ends entirely. The only thresholds are the rev-share trigger (5 customers + A$3k MRR) and the cap; after that it's flat Alumni hosting. The Alumni band is reassessed annually on reported revenue, with A$1,999/mo as the ceiling regardless of size.
File DD-07 / Track recordThe part we won't spin
We're early.
We won't pretend otherwise.
The checklist asks for introductions to founders 12+ months in with recurring revenue, and counts of how many ventures reached profitability. The honest answer today: we're at the start. There are ventures in residence, but we will not hand you fake logos or borrowed metrics to look further along than we are.
What we do have is real day-zero evidence: MyBioBlueprint was built on this exact process — building it is what led to Quokkacorn. If matched-stage references would change your decision, ask, and we'll introduce you to who's genuinely real and tell you plainly what stage they're at. As ventures cross 12 months and recurring revenue, verifiable references and numbers get published right here.
●ACTION DD-ZBefore you sign,
Before you sign,
you should be able to say yes.
The checklist's final test is seven questions. If any answer is unclear, do more diligence before you commit — with us, or with anyone.
- 01Do I retain meaningful ownership and control?
- 02Can I leave with my product, customers, and data?
- 03Is the revenue-sharing arrangement commercially attractive?
- 04Does the model align with my long-term business goals?
- 05Would future investors or acquirers view the arrangement favourably?
- 06Have I spoken directly with founders who have used the model?
- 07Is this the fastest, lowest-risk path to my objectives?
This page is a plain-English summary. The Founder MSA signed in the workspace is the binding agreement and takes precedence. Questions we haven't answered here? hey@quokkacorn.com.