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Sounds like a good deal but... would you agree for:
1. A project stays 100% mine.
2. You get 100% return of invested money and 50% profits but only for certain period of time like for example 2 years. Then it get back fully to me and I got 100% profits. I mean you would get much more than you invest but then it get back to me.
I've got a few ideas but I would never let someone take over them or get half for life time I would rather wait till I gather the right money myself.
However, I could agree for 50/50 for certain time period...
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