partnership-eval
name: partnership-eval
description: "Evaluate a partnership opportunity with a go/no-go recommendation and a negotiation brief — before you've wasted three months on discovery calls."
/partnership-eval
Optimism bias kills BD productivity. Partnerships that were always going to fail — because of incentive misalignment, because the partner's sales team won't carry your product, because the customer overlap was never real — consume 3-6 months of relationship building before the truth becomes undeniable. This skill surfaces the structural problems in meeting 1, so you invest in partnerships that can actually work.
Mutual Fit Test — what each party brings and what each party needs:
Partner:
- What does the partner get from this deal? (Revenue, distribution, product gap fill, competitive defense — be specific)
- What does the partner's team actually care about? (Their AEs' quota, their CPO's roadmap, their CFO's margins)
- What competing priorities does the partner have that will deprioritize this?
You:
- What do you get from this deal? (Leads, distribution, product capability, brand)
- What are you giving up? (Revenue share, exclusivity, engineering resources, sales distraction)
- What does success look like in 12 months — specifically, not aspirationally?
Mutual fit test: If you removed the revenue from this deal, would both parties still want the relationship? If no — that's a transactional deal, not a partnership. Transactional deals need different structures.
Value Creation Mechanisms — top 3:
For each mechanism: what creates the value, who captures it, and what has to happen for it to materialize?
- e.g., "Co-sell motion: partner AEs refer us into accounts they're already in. Value creation requires training 40 AEs and a spiff structure. Probability of consistent execution: low without a dedicated partner manager on their side."
Opportunity Sizing
- Customer overlap: how many of their customers are your ICP, and how many of yours are theirs?
- Pipeline impact: what's the realistic number of deals this generates in year 1? Show the math.
- Revenue impact: best case, base case, and downside — with the assumption that changes each scenario
- Cost to capture: engineering hours, partner manager headcount, revenue share, joint marketing
Incentive Misalignments — name these before they become problems:
- Does the partner's direct sales team compete with this partnership in any segment?
- Is the partner simultaneously building a feature that makes part of your product redundant?
- Are you both selling to the same buyer at the same time? Who gets credit?
- What happens if you both grow — does this partnership become less strategically important for them?
- What are the exit clauses, and which party has more leverage at renewal?
Negotiation Brief — 5-7 points ranked by importance:
For each point: your opening position, your walk-away point, and what you'll trade it for.
- e.g., "Exclusivity in vertical X: oppose exclusivity broadly, acceptable for 12 months in a defined vertical in exchange for MDF commitment of "
Deal-Killers — surface these in meeting 1:
- Which terms, if not agreed, make this structurally unworkable?
- Ask: "If we can't agree on [X], does this partnership make sense?" — do this before you've invested in a term sheet.
Rules
- If you can't quantify the opportunity, you don't understand it well enough to negotiate it.
- Incentive misalignments discovered in due diligence are features. The same misalignments discovered after signing are disasters.
- Deal-killers must be surfaced in meeting 1, not month 3. Delaying painful questions is not politeness — it's waste.
- Revenue share structures should be modeled at 3x the optimistic case. Who benefits when this goes well, and is that still fair?
- One-sided partnerships — where one party has no good reason to prioritize the relationship — will fail regardless of goodwill at signing.
The output of this skill is a go/no-go memo and a negotiation brief: the 5 points to negotiate, your position on each, and the 2 deal-killers to surface before you draft a term sheet.