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How To Find the Right Co-Founders?

Steve Blank

How do you figure out what’s the right mix of skills for the co-founders of your startup? “After reading your post on Why Founders Should Know How to Code it looks like web/mobile startups have it easy. Trying to figure out what the right set of co-founders isn’t so clear. Are We Missing A Founder?

Cofounder 335
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Startup Runway Length Depends on Your Burn Rate

Startup Professionals Musings

Pay people with equity or future revenue. Another one to avoid cash burn for software development is a contract for percent of future revenue. For example, a web-based startup should be able to operate for a year if they raise $500,000 from the founders or angels. Great strategy.

Burn Rate 232
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High Burn Rates Result in Short Startup Runways

Startup Professionals Musings

Pay people with equity or future revenue. Another one to avoid cash burn for software development is a contract for percent of future revenue. For example, a web-based startup should be able to operate for a year if they raise $500,000 from the founders or angels. Great strategy.

Burn Rate 231
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How Technical Advisors can Help Non-Technical Founders

This is going to be BIG.

No one wants to be *that* founder--the non-technical founder poking around developer meetups asking for a unicorn with a Github account. Plus, it gives you some street cred if at least one software developer thinks that what you are building should and could be built.

Founder 126
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Build Predictable Startup Models by Forming an Agency

ReadWriteStart

Client work serves as an additional source of revenue to form new startups. This outside work provides a valuable source of revenue able to be used to fund operations. Over time, this revenue reduces the dependency on outside venture capital sources. Why It’s Critical to Choose a Modern Software Development Technology.

Incubator 188
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Open Source Business Model

SoCal CTO

However, Elgg could power 100,000 networks and it would make no difference - there is no revenue stream as we give everything away under a GPL license. There are quite a few other Software Development Companies in Southern California working on open source and/or freemium business models.

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Spolsky on Software on Both Sides of The Table

Both Sides of the Table

Sometime around 2003/04 my technology team turned me on to “Spolsky on Software&# a periodic newsletter served up blog style from Joel Spolsky of FogCreek Software, a maker of bug-tracking software. Blogs weren’t popularized yet so it was an oddity for me to read the founder of a software company spewing out advice.