What does it take to find a co-founder?
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Transcript of What does it take to find a co-founder?
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WHAT DOES IT TAKE TO FIND A CO-FOUNDER?
ELI ALEYNER - @EALEYNERMANI FAZELI - @MCFAZELI
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ABOUT US
MANAGE PRODUCT @ XTREME LABS
PRIOR LIFE: AMAZON.COM, MICROSOFT
CO-FOUNDER@ BETTEREZ
HELPED START: CONTEXTLOGIC,MANAWA NETWORKS
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WHAT IS NOT COVERED
IncorporationWhen to quit your jobShould I outsource my development?
Photo: http://www.flickr.com/photos/kalexanderson/5421517469
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WHY LOOK FOR A COFOUNDER?
Photo: http://www.flickr.com/photos/nwardez/3834852526/sizes/l/in/photostream/
It’s a long road to walk alone
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GET STARTED EARLY
You need speed, support and executionhttp://www.flickr.com/photos/aartj/527502812/
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BE PREPARED
http://www.flickr.com/photos/krypto/14765221/
Show your skill, know your needs
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WHERE DO I LOOK?
http://www.flickr.com/photos/haagsuitburo/2627515964/sizes/o/in/photostream/
Co-workers, classmates, hackathons, FounderDating
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STRUCTURE OF A RELATIONSHIP
Photo: http://www.flickr.com/photos/jay_que/450365066/sizes/o/in/photostream/
Equals, not subordinates
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DEMONSTRATE YOUR VISION
http://www.flickr.com/photos/cgoulao/2206212075/
Have a tangible “plan”
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WHAT TO LOOK FOR?
http://www.flickr.com/photos/paulnomad/7599430328/sizes/o/in/photostream/
Pragmatic coders & savvy sellers
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EQUITY
http://www.flickr.com/photos/pierrotsomepeople/3060137552/
Split, vest, formalize, move on…
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COMMON MISTAKESMirror image of yourself
Not working together before committing
Glossing over goals, lifestyle, cash needs
Not picking the outward facing person
http://www.flickr.com/photos/savethejellyrabbit/5154067039/
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THANK YOU!QUESTIONS?
ELI ALEYNER – @EALEYNER MANI FAZELI – @MCFAZELI
REFERENCES(1) FUNDERSANDFOUNDERS.COM/STARTUP-DIRTY-LAUNDRY-CONFLICTS-THAT-KILL-PARTNERSHIPS/(2) FOUNDERDATING.COM/QUESTIONS-TO-ASK-POTENTIAL-COFOUNDERS/