How do I joint venture with very large companies?

Question by crazyninjadudeguy: How do I joint venture with very large companies?
We have a small business and our product demands that we partner with Hollywood production companies, organized sports companies, the music industry and other large players.

The problem is we are a small company and we don’t want to potentially get burned by these larger companies when it comes time to signing contracts, agreements etc;

Is there anyone out there who can advise us re: the direction we should be going in?

Any help would be greatly appreciated.

P.S. If you are the person(s) we are looking for; we’re offering equity positions in our company.

Thanks

Best answer:

Answer by jstanton1616
In order to enter into a joint venture with larger companies you must first peak their interest in your product/service, which it sounds like you may have done already. Your major concern appears to be the disparity in bargaining power; which is inevitably going to make any deal appear to be in their favor by virtue of them being a powerful corporation. However, if they want it bad enough, and their competitors want it too, then that could be used to increase your bargaining power. However, my best advice is to hire a very experienced business attorney, to ensure that any contract agreements are favorable to you as well as making sure that there are certain provisions that will protect you and your interests later on. Based on the sparsity of information I cannot provide you with a more detailed analysis to opine what I would do in that situation. I would be glad to help further with more info, I love this stuff and have some experience in it. Best of Luck!!

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