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fsk
Working for only a minority equity share seems foolish. I could instead work on my own ideas and keep 100%, and my ideas are better than those of people expecting me to work for equity/revenue share/free.

Other red flags:

Meeting me in a Starbucks.

Asking for an NDA before telling me their stupid idea.

Fixed-price contracts.

mattmurdog
If I had a dollar for every "client" that asked to meet me at Starbucks and sign an NDA then I'd be a millionaire.
astrowilliam
Forgot about the NDA. I've been approached with that many times and each time I've flat out refused to sign it.