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Fuck the math. What's to figure out??
You send 100 signups to a partnership sponsor in month 1.
In month 2 you send another 100 signups, but you also get 40 to 60 rebills that you wouldn't have with a pps.
in month 3 you send another 100 signups, plus you get another 40-60 rebills from month 2, and a further 30-40 rebills from month 1. It steamrolls.
By month 6 you could have 200 rebills coming in plus your usual amount of signups. If done right, a partnership program can have way WAY more power for you than any per-signup. Both types of programs have their uses, if you're smart about it you'll use both, and figure out how to use them effectively. If you're not smart, you'll do it your way. Good luck either way.
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