The hour sailing trip from Barcelona to Ibiza was a spontaneous idea. Manu and Christophe had only known each other three months prior to co-founding GetApp. On their sailing trip, they made a point discussing a variety of essential topics, like their business ideas as well as their personal lives. Importantly, they also aligned with what they would do if the company became successful. Early on, they made a lot of right decisions. The relationship between co-founders is often compared to a marriage, and for good reason. Both Manu and Christophe understood what was at stake—they were picking a person who could help them execute on their dreams. The person who will be there, for better or worse for years to come. The person to whom they could call in the middle of the night and sanity-check that everything was going to be okay.
Co-founder therapy teaches tech bros how to be in their feelings
The two initially met at an event in San Francisco, and followed up with a friendly informational interview at a Mexican restaurant. It was also the beginning of a relationship. When they started dating in , they swapped war stories about company building. It was from these conversations that they created Clearbanc, the Canada-based VC firm that specializes in non-dilutive revenue share agreements for startups. Startups with coupled co-founders at the helm are scoring big funding rounds and exiting companies.
Pairing up with a co-founder is much like matchmaking. The digital revolution has made finding co-founders as easy as finding a date.
Gloria Lin has gone on a lot of dates in the past year. No, not that kind. But she quickly found that was easier said than done. You have to both want to do a startup — requiring similar levels of high-risk tolerance — and be available at the same time, which depends on life and financial circumstances.
Just like real-life dating, sometimes it seemed like I was going to end up alone. Eventually, I met Joel Poloney and everything clicked. In this exclusive interview, Lin presents that rigorous approach in full, from how she found potential partners and handled early conversations to how they ideated and prototyped together to narrow in on a more specific idea. Lin also shares the incredibly detailed co-founder questionnaire — with 50 questions spanning across six categories — that she and other fellow founders have collaborated on to probe compatibility more deeply.
But we’ve also included the full set below, in a designed PDF template so you can grab and go, and further down in a Google Doc, in case you’d like to edit and add your own questions. Want to jump straight into the set of 50 questions to ask a potential co-founder? The search for a co-founder often conjures up comparisons to dating. One key difference though is that most people have at least some experience with real-life dating.
You could be:.
6 Platforms for Finding a Startup Co-Founder
Some co-founders start out as friends who then decide to start a business together. Some co-founders choose one another for their varied skills. One thing I do know is that you really want to think about this decision before you jump into it. Almost 80 percent of startups have one or two founders, while just 23 percent have three or four founders.
These questions are way more important than the whole co-founder dating problem because they’re more fundamental and have a long-term impact in your.
Janie Barrett. MOSH describes itself as a digital health clinic for men, enabling them to book online telehealth consultations for issues like hair loss, skin problems or sexual health, which they may not feel comfortable visiting a doctor in person about. We found Australian users were very engaged and open-minded and curious to try new things. They were always ahead of the curve. It also intends to expand into mental health consultations, and has a service that lets patients get prescriptions filled and delivered to their homes rather than having to take time out to go to a doctor and then visit a pharmacy.
Mr Narunsky and Mr Baker started MOSH based on their own experiences with the healthcare industry, with Mr Baker experiencing hair loss and Mr Narunsky needing regular scripts filled for cholesterol medication.
HOW TO FIND A CO-FOUNDER
The plaintiffs are represented by Orin Snyder of Gibson Dunn, who has represented some of the biggest companies in tech, including Facebook, Apple and Uber. Four of the plaintiffs, who still work at Tinder, were put on paid administrative leave by the company on Tuesday, according to a source familiar with the matter. The dispute centers on an analysis of Tinder done in by Wall Street banks to set a value for stock options received by Sean Rad , a Tinder co-founder, and other early employees.
IAC issued a statement calling the suit “meritless” and saying it would “vigorously defend” itself against it.
Identifying and solidifying the right co-founders is a bit like trying to find “the one” in dating. You are ultimately seeking a lifelong commitment.
When Harvard Business School professor Noam Wasserman studied 10, startups for his book The Founder’s Dilemmas , he discovered that 65 percent of them failed for the same simple reason: co-founder conflict. That means choosing the right person to start your company with is one of the most consequential decisions you’ll make as a founder. And getting it right is obviously hard, a fact startup insiders like Gloria Lin know well. The first head of product at Flipboard and the first product manager at Stripe , Lin spent years at mega-successful, fast-growing companies before she decided to found her own startup.
All that experience meant she was well aware of how much can go wrong between co-founders. She chronicled the whole process in an in-depth First Round Review interview I discovered the piece as part of their stellar round up of ‘s best advice. If you’re on the hunt for a co-founder it’s well worth a read in full, but perhaps the most useful part of the article is a free PDF offered as an add on. It contains 50 questions, divided into seven buckets representing key aspects of the co-founder partnership, that Lin used to winnow potential co-founders and avoid misunderstandings down the line.
She explains she dove into this detailed questionnaire only after first ensuring a basic personality and interest match and playing around prototyping ideas for a couple of weeks.
The Quest for a Co-founder
Find or Become a Start-up Co-Founder. Number 2 in the world for VC funds. Highest per capita in the world. My Favorite Co-Founders.
FounderDating is the premier network for entrepreneurs and startup founders to learn from the pros. FounderDating joined forces with CoFoundersLab to better serve the Meet Cofounders & Side Project Partners with intention.
It’s a special community united by a philosophy of not only ‘taking’, but also ‘giving’ to others. Meet and form lifelong collaborations to facilitate hard work and use of disruptive technologies to make the World better. Add to Calendar. Find out more about how your privacy is protected. May Online speed-dating event: meet a co-founder for your startup by Eligent Club.
Actions and Detail Panel. Sales Ended.
Tinder co-founders swipe right on men’s health start-up
Username or Email Address. Remember Me. No account yet? After leaving the social polling app to finish his studies and career in volleyball, Clay became a fellow at the venture firm, Highland Capital, that backed his first company, where he consulted early-stage consumer investments on growth and marketplace virality.
A startup veteran shares the extensive list of questions she used for co-founder dating.
We are firm believers in starting a business with someone else. Sure, Mark Zuckerberg of Facebook went for it alone, but founders like him are few and far between. Plus, Zuckerberg had a ton of help. Remember that nasty lawsuit by those brawny Harvard students? Even if you think you can cover everything, why should you if you have a co-founder who can do it better?
Something else to consider? Different management styles.
Advice on the process of founder dating?
Getting a company off the ground is hard work. For example, in the technology world, an ideal match is a co-founder who’s business-oriented and another that understands the technology. For many, acknowledging the skills they lack and pinpointing where they need help can be challenging, but it is a critical first step in effectively identifying the right skills and strengths you need in a partner. Whereas skillsets should be complementary, philosophies should be tightly aligned.
Views on the world and core principles are often rigid and hard to change, so ensuring unison here is key. Ultimately, a successful partnership comes down to having the right chemistry.
The Tab meets the co-founders of Date Cam: Double Dates. The charitable initiative that seeks to match students through an online double.
Some of the rules are universal and can be applied to most companies I even followed them while looking for new members for my band! Only that way you have a chance of having a fruitful collaboration. They will find that rather than managing and hiring people for projects, they prefer to roll up their sleeves and be directly involved in the development themselves.
In any case, you need to keep in mind that being a CTO requires a different skill set than being a software developer. In other words, you need a tech-savvy businessman. The first few months of running your own company are extremely hard. You will push yourself to the limits and you need someone who is ready to do the same for the company. Look for someone who can demonstrate dedication to their work over a long period of time.
Without a developer, Groove would never get built.
Finding a Startup Co-founder: The Luck and Science
With tech savviness starting before potty training it’s hard not to assume every child is one step away from becoming the next Jobs or Zuckerberg. However, a new study shows that middle-aged entrepreneurs tend to have more success than their younger peers. Procure a partner, of course. According to a Startup Genome report , the right co-founder can significantly increase your chances of entrepreneurial success. The researchers found teams that paired a founder with business prowess and another with technical know-how secured 30 percent more funding, had triple the user growth, and were nearly one-fifth less likely to scale the business too early than teams in which either business or technical expertise was overrepresented.
Here are four startup co-founder ‘dating‘ sites to bring together startup founders: FounderDating. The name says it all. Many success stories came from this website.
Execution of the idea can be even more important than the concept itself. Brilliant ideas have died due to lack of planning many times before, and it will happen again and again, unfortunately. Find yourself a co-parent; or, in this case, a technical co-founder. A technical co-founder is an experienced, excellent programmer with whom you team up to develop a startup. This person is not an employee, they are your partner, and you should find them in the early days of starting a business.
The two of you share all the hard work, risks, and responsibility, but also the rewards, success, and profit.