Originally Posted by Barefootsies

taking on a partner?

Scenerio

Your company has gotten to the point where you are working on a lot, and investing in new projects. You can do one of the following..

1. Take on some interns, hire employees, or outsource additional work.
2. Take on a business partner who has a proven record of making money through their own sites, etc. Then form a partnership where you invest in a joint media company.

The benefits..
You get to split costs on some expenses. Servers, any extra employees or outsourcing costs. Plus share in the expense and profit of new projects.

The downside..
Few in your area are established, and most are just talk. You have to share profits and listen to another chief.

Thoughts?

More importantly. Has someone gotten to that point and done it? Either through a limited partnership, or full merger for the greater good of the 'vision'.