One way we say that is shared economics.

16.Partnerships and collaborations

So, in a way, the different structure is that we're partners, it's a partnership.

Alvin, our software engineer and co founder, has built these tools.

So this sounds great. Partner sound wonderful but what could go wrong with this?

What are you going to do, and what are they going to do?

It's all about you and me.

And all the books and literature that talks about partnerships very rarely addresses startup to large company partnerships.

Let me start with the large company partnership risks.

Some of you are familiar with this.

And our partners are Zuma Canyon Orchids of Malibu, California, who are Hispanic.

When do I need joint partnerships and when will I be hitting mainstream customers because remember most these partnerships tend to fail.

The Community Energy Partnership Program (CEPP) offers a 90 grant on eligible activities that have the technical, financial and governing feasability of a community project.

As I said earlier, one of the biggest mistakes startup make is confusing strategic alliances and joint partnerships for what you need on day 1.

So, I just used this as an example not to bash Boeing, but to understand that even the smartest companies sometimes made partnership decisions that look good on a spreadsheet, but at the end of the day, partnerships are not driven by spreadsheets.

There has been a lot of competition in the past, and we need to develop a new model of partnership, truly collaborative, where we are looking for complementing, not substituting.

Acumen came in with the patient capital, and we also helped to identify the entrepreneur that we would all partner with here in Africa, and Exxon provided the initial resin.

Again these are further out hypotheses but we're thinking about customer royalty programs, seniority credits, partnership rewards, free jersey giveaways.

We've also made partnerships with artists, with people who understand and can communicate the aesthetic beauty of trees and forest canopies.

Half of that is coming from dismantled warheads from Russia, soon to be joined by our dismantled warheads.

It has an API that enables any partner to access to search, read and write information.

I started my career with trying to understand the mysteries of forests with the tools of science.

When we come to understand nature, we are touching the most deep, the most important parts of our self.

And all you put together, in partnership, brings about the best music.

So I want to tell you a little bit about what this partnership, the Polio Partnership, is trying to do.

We can continue to work and dedicate ourselves to this project, and then we also share in the rewards.

For start ups, trying to understand what it is you want to focus on versus what is it you require in terms of activities and resources and suppliers is a real strategy.

Sometimes it might start with coopetition and turn into a strategic alliance and someday might actually be a joint venture, but the whole idea is that you're working together with others to help build your company.

And we got to talking, and it turned out to be a great partnership because he'd never coached a disabled athlete, so therefore he had no preconceived notions of what I was or wasn't capable of, and I'd never been coached before.

Both delighted with the quick success of this new partnership which has brought Yamura his first Grand Prix victory after two years of flying.

Kind of the ringer in here, that is the one that I didn't describe, but all you had to do was go on Google, is the most famous aircraft partnership ever made where 2 of the most unlikely partners, GE and a French aircraft manufacturer, came together to do a joint venture for the CFM 56 jet engine, which is one of the most popular turbofans in the world, so that was a great example of a joint venture and also had a bit of coopetition in it as well.

That's 5,000 fewer kids dying every day, ten times you lot not dead every day, because of all of these partnerships.

And when this thing started going on, we started becoming one community, renewing our connection to nature.

While you're having a great time figuring out multiple airline schedules, every time you click through to by a ticket, they are getting paid by the airlines, and that's how they make their money.

In an existing market, you actually might need these guys, but in a resegment and in certainly a new market, these are needed for early evangelist and so you need to think through.

They matter enormously to you, but I would keep a jaded eye out and understand what's in it for you to build your company so that one day you're bigger than them.

But, one of the things to remember is all the books about partnerships and all the literature you read tend to be about partnerships of companies the same size.

That a. the European Union stimulates and supports partnerships betweenstakeholders b. a framework for transparent collaboration between industry and academicscientists be established.