Co founder dating
Co founder dating - internet dating what to talk about
I brought on someone who was supposed to be a skilled engineer, only to have a glorified secretary doing mindless tasks that I could have hired someone for $10/hr to do.
Startups require hard work, long hours, extreme focus, and most importantly creativity to make them a success.
If a potential Co-Founder is demanding equity upfront you need to walk away, they need you not the other way around and they are clearly approaching this project with the intention of taking you for a ride.
Trust me from experience, you don’t want to be operating a startup with a huge swath of your cap table taken by dead weight co-founders that don’t do anything other than give you advice on the very startup they refuse to work on.
When I was working with the Bio Lite team in NYC this was very apparent with everyone on their team, they not only worked in the industry but lived in it.
Camping wasn’t just something that they had a tacit interest in, they all loved being outdoors and understood the needs of their users; Because the team was the user group.2| Lack of hobbies — Have you ever met someone who goes home at night after work and just sits on the couch binge watching TV? The work of a startup is 24/7 and you need to find a co-founder that is going to be dreaming up ideas at any time of the day.
In this article we will discuss red flags that I personally missed during the creation of my first company, things that you too will likely miss with the rose colored lenses of your first startup.
You can read this and think to yourself “Well this won’t apply to me,” I did the same thing while reading scores of books on startups when I first started; But everything I am going to discuss in this article DOES apply to you.Now I use the somewhat-standard 4 year vesting schedule with a 1 year cliff.This means that your co-founders will not have ANY equity until the 1 year mark, and will vest every month up until the 4 year period.Corporations have time on their side and giant pools of applicants to sort through before making the decision on hiring a new employee, you have neither of those things on your side.If you are approaching someone with a great business idea offering them an early position in the company you need to do your research.First and foremost lets go over some basics that apply to everyone you choose to bring on to your founding team:1| Vesting Schedule — Everyone joining your team needs to be on a vesting schedule.