Partner drops out, what do you do?

[Steven G.]

Starting a joint venture can be quite hard I imagine. Joint refers to two, so what would you do if your partner dropped out of the venture mid way in? How does someone deal with such a problem? Do they go forward? Should that person then find a new partner to invest with? Or is it best to go back to the drawing board?

[Steven G.]

Starting a joint venture can be quite hard I imagine. Joint refers to two, so what would you do if your partner dropped out of the venture mid way in? How does someone deal with such a problem? Do they go forward? Should that person then find a new partner to invest with? Or is it best to go back to the drawing board?