what is appropriate "finders fee"?

My dear old high school friend from 45 years ago has invented a sports
product, and I have offered to try to hook him up with an entrepreneur
from my college days who has backed sports products before.

Anybody have any idea of what percent of the capital the backer would
provide might be an appropriate "finders fee" for me?

Or is there some percent of sales - assuming the product finally made
it to market - that I might reasonably ask for for my services in
being the go between?

Thanks for any ideas anybody has.

John

Givers get. He's an old friend. Do it for nothing. You will be surprised
how much will come back to you for this one gesture of good will.

"If you want something you've never had, you have to do something you've
never done."
www.usanawa.com.au



"mike" <maintenance@oaklandsyda.org> wrote in message
news:bguc33015g7@enews3.newsguy.com...
>
> My dear old high school friend from 45 years ago has invented a sports
> product, and I have offered to try to hook him up with an entrepreneur
> from my college days who has backed sports products before.
>
> Anybody have any idea of what percent of the capital the backer would
> provide might be an appropriate "finders fee" for me?
>
> Or is there some percent of sales - assuming the product finally made
> it to market - that I might reasonably ask for for my services in
> being the go between?
>
> Thanks for any ideas anybody has.
>
> John