Toy Invention - is this the norm?

Question

I was advised by a investing company about the toy/game invention I have:

"In this case we usually work on a 50/50 split. We'll split the costs of getting the idea developed, and we'll take it to Toy Fair and private showings to the Inventor Relations people at the different companies, but we also split the revenue 50/50. "

Is this the norm?

Answer 1

It's probably a better than average offer, actually.