Startup Professionals Musings

MAY 1, 2023

I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a cofounder or two. Giving a cofounder a salary won’t get you the “fire in the belly” you want. Each cofounder should get equity for value, based on these key variables: Lived a key role in a previous startup.

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YoungUpstarts

NOVEMBER 21, 2018

One of most critical things you should consider before jumping into a co-foundership is partnering with someone who can make up for the qualities you lack. For example, while your long-term goal may be launching a successful business, your partner may just want to earn some extra cash on the side. This, in turn, can lead to failure.

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Steve Blank

JANUARY 17, 2023

But these look for founders who have a technical or business model insight and a team. Accelerators provide these teams with technical and business expertise and connect them to a network of other founders and advisors. I don’t have a killer idea, or a technical team, but I do know how to build, grow, and manage teams.”.

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Startup Professionals Musings

MAY 5, 2023

Even if they realize that they need real technical strength at the top, they are not sure how to attract and select the talent and expertise they really need. Should they go after high-tech nerds for partners, or professional technologists? The right answer for a good business partner today is neither of the above.

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Startup Professionals Musings

JANUARY 6, 2021

New entrepreneurs, especially technical ones, are excited by early adopters, and tend to focus on their feedback, which will always suggest more product features and options. In most companies, maintaining momentum requires the right strategic partners and acquisitions, in lieu of short-term price adjustments and special sales.

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Both Sides of the Table

MAY 7, 2013

He joined when Maker was a small, chaotic organization and helped bridge our talented creative team with the outside world of investor, brands, partners & press. Another major hire was Ryan Lissack who joined as CTO. Ynon started as shareholder, board member & advisor and switches to full-time executive.

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Steve Blank

SEPTEMBER 3, 2014

neither you nor your cofounder can code and you’re building a mobile app? The emphasis on the rapid development and iteration of MVP’s is to speed up how fast you can learn ; from customers, partners, network scale, adoption, etc. My contract developers building the app aren’t very responsive. I said, “Help me understand. The Problem.

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Startup Professionals Musings

AUGUST 4, 2014

The next default of waiting until later is equally bad, since partners who bow out early will still expect an equal share of that first billion you make later. That way, if one of the partners disappears, or their role changes, a portion of the equity can be re-captured and reallocated to the other members. Now comes the reality check.

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Startup Professionals Musings

SEPTEMBER 10, 2018

The next default of waiting until later is equally bad, since partners who bow out early will still expect an equal share of that first billion you make later. That way, if one of the partners disappears, or their role changes, a portion of the equity can be re-captured and reallocated to the other members. Now comes the reality check.

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Startup Professionals Musings

AUGUST 19, 2019

In my experience as a business advisor, that’s probably the biggest hurdle to success encountered by every new business owner. Your biggest challenge may be members of your own family, some of your best customers, or a key business partner or investor. Always be civil and diplomatic, and don’t allow emotions to cloud the situation.

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Both Sides of the Table

JULY 13, 2013

It was all technical. You know, the weird thing, Derek, and I should probably let you speak some time, but I was deeply technical when I went into Andersen consulting, and I got paid much less than engineers who graduated, because I had a degree in economics. Technical founder. And my specialty was computer networks.

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Steve Blank

MAY 29, 2011

Max and his partners interviewed and analyzed over 650 early-stage Internet startups. They also over-invest in solo founders and founding teams without technical cofounders despite indicators that show that these teams have a much lower probability of success. Technical-heavy founding teams are 3.3x

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Steve Blank

DECEMBER 9, 2013

I pointed out that the “data” you gather in 10 weeks (talking to 100+ customers, partners, payers, etc.,) I used to be in startups where I was dealing with engineers designing our microprocessors or selling supercomputers to research scientists solving really interesting technical problems. are not the first thing you should look at.

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Startup Professionals Musings

JUNE 6, 2013

There you can connect with thousands of potential executives and partners, or find a planned meetup in a city near you. Also, trusted advisors and experienced investors should be polled for good candidates. entrepreneur cofounder startup investor dream team business' Everybody wins. Marty Zwilling.

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Startup Professionals Musings

FEBRUARY 18, 2018

Thus I was happily surprised when I found the classic book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation. You need to have a technical genius on the team to get your startup product off the ground. The trusted leader.

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NZ Entrepreneur

MAY 27, 2019

Wondering how to find the right cofounder but don’t know where to start? Finding a technical cofounder. It’s a common issue – you have an idea that will require some technical know-how (eg coding, engineering, science) but don’t have those skills yourself. Finding a non-technical cofounder.

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A Smart Bear: Startups and Marketing for Geeks

JULY 4, 2011

A client with a technical question our billing, unsure of the proper contact, decided to separately email sales@ , support@ and billing@. The details of many commercial proposals were lost, and the leaving cofounder wasn’t much inclined in giving support.

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Startup Professionals Musings

AUGUST 25, 2018

These days you can create a C-corp or LLC online quickly at a low cost, to serve you well in signing partners, intellectual property, investors, and revenue. Advisors and investors need to see your whole story in as few as ten slides. You need to recruit advisors, key partners, and cofounders well before approaching investors.

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rob.by

MARCH 8, 2012

Finding Technical Cofounders Is Hard. Yesterday, Michael Pope posted an article titled Technical Cofounders Are a Myth. He argued that software engineers don’t finish what they start, and that you’re better off paying a technical person than partnering with one. Tuesday, August 17, 2010.

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Startup Professionals Musings

SEPTEMBER 13, 2015

Thus I was happy to see a recent book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation. You need to have a technical genius on the team to get your startup product off the ground. Outsourcing your core competency does not work.

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bizthoughts.mikelee.org

MARCH 8, 2012

BizThoughts Thoughts about business, technology, the web & entrepreneurship About Booklist Contact Nov 15 2011 Finding a Technical Cofounder By Mike Lee Categories: Entrepreneurship , Leadership Since I have a technical background, I get about one offer a month to join some engineering team, or to be a technical cofounder.

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blog.launchbit.com

MARCH 8, 2012

cofounders. technical cofounder. Why you can(t) recruit a technical cofounder. We know, however, that at some point, especially if you yourself are not technically-savvy, there will be a time where getting some technical expertise on the team is essential to continue progressing. Viewed times.

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blog.nahurst.com

JULY 19, 2010

Nathan Hursts Blog Thoughts on Software, Technology, and Startups « Back to blog Im on the technical side of entrepreneurship in NYC. The graphic below balances the risks cofounders take with their relative contributions to help answer this question. I love programming, board games, and my wife. This doesnt have to be the case.

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Startup Professionals Musings

JANUARY 15, 2018

I realize now that these two were near-perfect co-founders, with Bill having the technical passion, and Steve bringing the business experience from his prior stint at Procter and Gamble. The challenge is how to find that elusive perfect-fit partner. In fact, your ideal partner may also be an investor.

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www.virtuosimedia.com

MARCH 8, 2012

Home ▶ Businesses ▶ Startup Business Advice ▶ Current Page How To Find A Technical Cofounder For Your Online Business Idea. This article should also serve as a starting guide for programmers who are approached about becoming technical co-founders. Before You Pitch To A Technical Cofounder.

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Hunter Walker

DECEMBER 13, 2020

You’re spending much of your time selling: the vision to employees, the opportunity to investors, the story to the press, the offering to the customers, the relationship to partners. Can your lack of interest or skill in “selling” be counter-balanced by a cofounder or team that’s great at it? Yes and No.

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Startup Professionals Musings

AUGUST 24, 2016

The next default of waiting until later is equally bad, since partners who bow out early will still expect an equal share of that first billion you make later. That way, if one of the partners disappears, or their role changes, a portion of the equity can be re-captured and reallocated to the other members. Now comes the reality check.

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YoungUpstarts

JULY 13, 2011

It’s important to remember that achievements are often less dependent on your technical know-how and more dependent on how you organize and think. Michael Feuer cofounded OfficeMax in 1988 starting with one store and $20,000 of his own money, a partner, and a small group of investors.

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Startup Professionals Musings

AUGUST 25, 2017

This movement, coupled with free websites and apps, makes it possible for almost any technical person to start a business. In my view as an advisor to new ventures, the Maker Movement is an integral part of a new age of the entrepreneur. Provides networking with cofounders and strategic partners.

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The Next Web

OCTOBER 3, 2012

Andrew is the co-founder and CTO of Parse.ly , a technology startup that provides big data insights to the web’s best publishers. You’re trying to discover a product that will work for some market, while also being a hugely motivating space for you and your cofounders to work in for (potentially) ten years.

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View from Seed

SEPTEMBER 9, 2014

For most of my career, I’ve served startups and early-stage companies as an operating executive or advisor. Do you need highly skilled functional managers or do you need a true partner? someone to be that true partner). This is why I encourage almost every startup founder to find a partner or a cofounder.

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Both Sides of the Table

MARCH 22, 2011

Want meet one of his key investors, USV partner Albert Wenger ? This time on mysterious party bus to nowhere but situated with the CTO & Cofounder of Living Social, Aaron Batalion. I couldn’t have said it any better replacing music with tech. Want to hang out with Dennis Crowley ? He was there, too. Just hanging out.

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YoungUpstarts

JUNE 18, 2012

However, they tend to be extremely difficult to navigate especially if you do not have a cofounder from and/or experience in that country. If you need to partner with other businesses to reach customers/users who are consumers. Indonesia from day one. As a startup in Asia, the top 2 markets to start from are China , and India.

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Steve Blank

JULY 7, 2015

He later co-founded and served as CTO of IMVU and then authored The Lean Startup. Named one of BusinessWeek’s Best Young Entrepreneurs of Tech, Eric served as a venture advisor at Kleiner Perkins Caufield & Byers before moving on to advise startups and venture capital firms independently. If you can’t hear the clip, click here.

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startupbaltimore.org

OCTOBER 23, 2010

Finding a Technical Cofounder by Mike Subelsky on September 17, 2010 Advice View Comments Over the past 18 months I’ve had the same conversation with about ten entrepreneurs looking to start a software-based business. As Dave Troy put it, it all boils down to this: “In Entrepreneurial Ecosystems, Cofounders Find You!&#

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Up and Running

JULY 8, 2016

If you’ve ever tried to start a software company or build a mobile app, you’ve probably come across these options for getting it out there: Find a technical cofounder. You need someone who is very technically capable, has time to work on the project, and has a passion for what you’re doing. Hire a freelancer to build your app.

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YoungUpstarts

SEPTEMBER 20, 2019

by Alejandro Cremades , cofounder of Panthera Advisors and author of “ The Art of Startup Fundraising: Pitching Investors, Negotiating the Deal, and Everything Else Entrepreneurs Need to Know “ Why should entrepreneurs intentionally be generous when negotiating with investors? She is speaking from experience.

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