I had a student ask if I could draw a Venn diagram in which each region was of equal area. I have played around with this a little but have not landed on an answer I'm satisfied with.

I was able to find the area of the overlapping region by subtracting the area of the triangle from the sector. I set the area of the overlapped area equal to the area of half of my circle. I am trying to get this down to two variables so that I can plug in a set radius and find an angle or something to that effect.
So far I have been able to simplify this down to radius, triangle height, and angle. Any help would be greatly appreciated.
Start with the unit circle. It has area $\pi$. So you want your areas to be $\frac12\pi$ each. Which means that half the lens-shaped intersection will have area $\frac14\pi$. You could integrate from a given position $x$ to the right to get that:
$$ \int_x^1 2\sqrt{1-t^2} \mathrm dt= \frac12\pi - x\sqrt{1-x^2} - \arcsin x=\frac14\pi \\ x\sqrt{1-x^2} + \arcsin x=\frac14\pi \\ x\approx0.403972753299517209318961740066 $$
I doubt that equation can be solved except numerically, it seems pretty transcendent to me. In any case, now you can compute
\begin{align*} \theta=2\arccos x&\approx2.30988146001005726088663377931\\ &\approx132.346458834092919049353117798° \end{align*}