Posted by David Krulac on October 22, 2003 at 19:00:48:
the money guy always thinks that he’s the indispensible component of the partnership. the money guy thinks that he can get anybody to be the non-money guy, but that the non-money guy cannot replace the money guy nearly as easily.
The first time that there is a full blown disagreement, the money guy is going to have the thought that he can walk, and that he doesn’t need the aggravation of this idiot, I mena partner who doesn’t have any money.
IMHO, and its only MY opinion, the best partnerships are where there is equal money, that both partners bring capital, talent, and effort to the partnership endevour.
PS. My opinion is only based on only doing this for my 4th decades.