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Can programming be considered as sweat equity?

I am a good programmer. My friend, who is also a programmer, has asked me to work on aggregator type of web application. Can I request to have sweat equity in what we are developing?

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Charles Koehl
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Charles Koehl Advisor
CTO at Sustainable Ideation, LLC
I have worked for sweat equity in two different arrangements with two different companies. In the first, I had an agreement with the company that if there were a "capital event" (meaning a sale of the company, for example) I would get a percentage of the proceeds. (Furthermore, my CPA was able to get the Fed and State to treat the proceeds as capital gains, thus taxed at a much lower rate.) In the second instance, I arranged with the company to pay me royalties for my work. (Look up "royalty financing").
Garet Claborn
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Garet Claborn Entrepreneur
CEO, Original Author at Approach Corporation
You certainly can get sweat equity as you'll be the source of significant work. Royalties can be good as Charles mentions -- less responsibilities after the project is over.

One thing I would mention is don't undersale your experience or, especially, your expertise. These are also worthy of equity especially from startups that cant give you a sign-on bonus.
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