Great comment, totally agree. Really don't think you should have 5 founders under any circumstance though. It's a mess at board level but it's also going to be a mess on a day to day level as well.
@@ryan-wardell Oh it was. In hind sight we should have put some of the advisors and investors on the board instead of ourselves. Maybe just the CTO, but a lot of egos dictated elsewise.
1 - Do we work well together? This isn't a dealbreaker, but it is a massive green flag. 2 - Are we both passionate about the problem space? If not, motivation will wane eventually 3 - Do we have complementary skill sets? And specifically, do those skills include either sales, marketing or coding? The hacker/hustler dynamic exists for a reason - check out how Andy Allen from Hike and his cofounder operate together: ruclips.net/video/27KsNGGcxpM/видео.html 4 - Do we actually get along outside of work? There will be good times and tough times, and becoming cofounders is like getting married. If you don't actually like each other as people, it won't work.
Quick Tip: If you have 5 founders then make sure your board is not those exact same 5 people. No objectivity, it was a massive mess.
Great comment, totally agree. Really don't think you should have 5 founders under any circumstance though. It's a mess at board level but it's also going to be a mess on a day to day level as well.
@@ryan-wardell Oh it was. In hind sight we should have put some of the advisors and investors on the board instead of ourselves. Maybe just the CTO, but a lot of egos dictated elsewise.
If you had to choose a cofounder right now, what would your criteria be?
1 - Do we work well together? This isn't a dealbreaker, but it is a massive green flag.
2 - Are we both passionate about the problem space? If not, motivation will wane eventually
3 - Do we have complementary skill sets? And specifically, do those skills include either sales, marketing or coding? The hacker/hustler dynamic exists for a reason - check out how Andy Allen from Hike and his cofounder operate together: ruclips.net/video/27KsNGGcxpM/видео.html
4 - Do we actually get along outside of work? There will be good times and tough times, and becoming cofounders is like getting married. If you don't actually like each other as people, it won't work.