![]() ![]() But neither of you can afford to open a second location-so you team up, and open one together, splitting the profits. You both realize that the neighboring town, Shelbyville, doesn’t have any gelato shops at all. Let’s say you run a gelato shop, and you’re on good terms with the gelato shop on the other side of town. You may have the right idea, expertise, or business structure for a new market-but you need more resources. And without your floristry, they couldn’t sell flowers. Without your friend’s bike courier business, you couldn’t take your bouquets on the road. Send us feedback about these examples.There are three (sometimes overlapping reasons) businesses form joint ventures. These examples are programmatically compiled from various online sources to illustrate current usage of the word 'venture.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. 2023 Lee also was an investor in Musk’s SpaceX venture, as well as other tech companies, such as the social audio app Clubhouse, according to his LinkedIn profile. 2023 According to sources familiar with Musk’s plans, the Twitter and Tesla CEO is putting together a team of AI experts, researchers, and engineers for the venture. 2023 The lawyers are finalizing the paperwork for him at Snoop’s new Death Row venture. 2023 His curiosity about food culture has developed into a business venture: Seacrest formed an agricultural company four and a half years ago to study the process of producing extra virgin olive oil and organic wine. 2023 Coolidge’s Tanya, a wealthy heiress, found herself at the resort in Season 1 following the death of her mother, and after a successful therapeutic massage session with Belinda, became obsessed with the idea of bankrolling the wellness practitioner’s business venture. 2023 The shortfall revives concerns that AT&T is struggling with high costs of phone inventory, network construction and lower contributions from its declining DirecTV joint venture. 2023 In 2020, 17 families partnered to open the ice cream parlor as a community venture, but the shop closed after a year and a half. Noun Purchase a domain name for your book, story or business venture. ![]() Burkhard Bilger, The New Yorker, 27 Mar. 2023 The critic listened intently for a while, then ventured that the group must be Asian. 2023 In the English-speaking world, opera is kept alive by an elite donor class whose tastes rarely venture beyond the 19th century. 2023 Photo: Courtesy of Ugg/Noah Dillon To counteract becoming another kitschy, fleeting shoe trend, Ugg has also ventured outside of its traditional footwear territory. Skye Sherman, Travel + Leisure, 29 Mar. 2023 Instead of sticking with your favorite foods or usual combinations, venture out of your comfort zone and try something new. 2023 There are also dreams of taking Shucked into corners that Broadway musicals have never ventured before. 2023 Fortune has reached out to venture and growth firms on the list. Marisa Sloan, Discover Magazine, 4 Apr. 2023 In the beginning, the women venturing to Antarctica often did so because their explorer husbands offered them the opportunity. Win Mccormack, The New Republic, 17 Mar. Verb The future, an ancient sage might venture, is wide open to the vagaries of fate.
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