answer: Mr. Smith wants to have the largest share, while #Person1# doesn't want to be placed in an inferior position. If Mr. Smith takes a 75 % position, #Person1# would take a back seat.
documents: #Person1#: Mr. Smith, I would like to get right to the point here. First, we need to talk about how much each company will pay.
  #Person2#: Well, we want to have the largest share. Our company is much larger than yours, and we have been in business longer.
  #Person1#: Let's look at that another way. The major point is the value that we add, not who has been in business longer, or is bigger.
  #Person2#: What are you thinking about?
  #Person1#: We do not want to place ourselves in an inferior position. We are a good, small company---that's why you are interested.
  #Person2#: Then, what would make you feel more comfortable?
  #Person1#: If you take a 75 % position in the venture, we would take a back seat to you.