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- So let me define joint venture very very quickly. Definition of joint venture is that a joint venture is an agreement. What is it? - [Audience In Unison] An agreement. - Agreement. What is it? - [Audience In Unison] An agreement. Good. Of mutual benefit between two or more people or business who have complimentary resources. What are two key words? Resources. Now resources can range from product, services, business assets, or customer list that has relationship with the list owner that can be leverage for minimum cost. So thats my definition of joint venture. Very, very simple. The funny thing is this. Joint venture is everywhere. How many of you have watched Superman Versus Batman? Thats it? Seriously? My goodness. Whats going on here. What do you guys watch? - [Audience Member] Reviews. - Reviews. (audience laughs) Are the reviews that good? - [Audience Member] That bad. - Theyre terrible? Shit. I thought the movie was pretty good. I thought it was pretty good. Okay, Im kind