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Co-Founder Dating

Co-Founder Dating

If you're chasing the startup dragon, one of the most important decisions to make will be choosing the right co-founder(s). Here are some extremely valuable lessons that I wish I would've known years ago: Co-founder dating and finding success by partnering with the right people.

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The Final Decision

The Final Decision

  • The final stage of the co-founder dating process is actually joining together as partners.
  • You make a commitment to building a company together.

Are you confident that you can trust them to have your back when nobody else does?

If you can answer this questi...

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44 reads

Vibe, Trust, and Culture Fit

Vibe, Trust, and Culture Fit

  • You need to trust this person to have your back no matter what.
  • Would I be excited to hang out with this person outside of work?
  • Does this person have an ego? Is this person genuinely interested in getting to know you? Is there a conflict of interest?

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39 reads

Pro Tips

Pro Tips

  • Put together and share some initial thoughts & research ahead of time.
  • Immediately stand out from any other networking meetings they're having.
  • Set the tone upfront that you know what you're talking about, that you care about this space, and that you value their time.

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41 reads

Awareness

Awareness

  • Increase awareness and attract more potential co-founders.
  • Reach out to your existing network.
  • LinkedIn, former colleagues, existing advisors, etc.
  • Join related communities - the more niche the better - and engage with people.
  • Explore accelerator, incubator, a...

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91 reads

Consideration

Consideration

  • Open up your DMs and prep your calendars.
  • The main goal of this phase is to get a feel for each other and to ensure that you're aligned on what I refer to as hard constraints.
  • A hard constraint is a factor which is a must-have for you to work together.
  • Soft constraint...

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Nice To Have In The Deal

Nice To Have In The Deal

  • Soft constraints that are not deal-breakers.
  • complementary skillsets.
  • good background on paper.
  • solid network access to funding.
  • geographical location.

Don’t deviate too far from these broad strokes.

Remember that joining han...

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37 reads

Alignment: Vision And Expectations

Alignment: Vision And Expectations

Only want to partner with co-founders who have a strong intrinsic motivation to work on the same problem, space, and target audience. Ask the following questions:

  • How much equity are you both expecting?
  • Are you looking to raise VC or bootstrap?
  • What's your timeline? Wh...

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43 reads

Collaboration

Collaboration

The main goal of this phase is to get a feel for how well you work together in practice, what your respective roles might end up being, and whether you like spending time with this person.

Scoping out a few time-boxed project ideas will give you a sense of the other person's proactiveness. ...

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35 reads

CURATED FROM

CURATED BY

mbyrne

Businessman, entrepreneur, thinker. Working on the

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Get the right co-founder

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A great founding team is critical for th...

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