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by albedo 4572 days ago
Our company Lambda (http://getlambda.com) helps negotiate contract work for our freelancers. We often set up the following arrangement: the client pays in advance for a week or two of work, and we agree that "a week" contains X hours of developer time. If there are hours unused by the end of the contract, we refund the money. It's an elegant way to avoid most payment issues.
3 comments

On your site it doesn't say whether or not you get a cut, but given the natural alignment of interests I think it's safe to say you won't have a problem with having to return unused hours, even an honest developer will simply maximize those hours.
How much work have you managed to get? Do you restrict where dev's are located (e.g. north america?)
We get about 15 qualified leads a month (on average, each project is worth about $25k). We're focused on the US and Canada only for the moment.
Do you guys need any Python or Django people?
Yes, we're currently looking for Rails, Django, js, and iOS.