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I'm working on finding a co-founder in NYC. https://news.ycombinator.com/item?id=10218445 https://news.ycombinator.com/item?id=10218445 Finding a co-founder i
by the_impossible 11y ago
I'm working on finding a co-founder in NYC.
https://news.ycombinator.com/item?id=10218445 https://news.ycombinator.com/item?id=10218445
Finding a co-founder is close to number 1 on the list of things a founder has to do, because the number 1 mistake that kills startups is being a single founder. Therefore learning from other people's search in finding a co-founder would be learning what to look for yourself.
I can easily imagine finding a co-founder to be a startup idea itself if done right.
http://paulgraham.com/startupmistakes.html http://paulgraham.com/startupmistakes.html
- tixocloud 11y agoI've asked the question before on Quora and while having a co-founder is great, having the wrong co-founder could spell disaster.
- trcollinson 11y agoI noticed your other post the other day looking for someone to hack with in NYC. Ok, seems fair. But you're looking for a co-founder "for what"? For "a startup"? To build what? What is your passion? It's fun to say "I want to start a start up, I'll read Paul Graham and make sure not to make those mistakes, 1) Check, 2) Check..." and so on. In reality, having a marketable and economically viable idea is the key to founding a successful business. But it seems from your posts that your key passion is not wanting to work in a large company. That's fair enough as well, but it's not the sort of thing that makes a start up successful. Find a problem and start solving it. Then tell everyone about it. A co-founder will come. In fact, they will come because they are interested in the problem you are solving. Don't assume that two people who like sitting around together can actually come up with a viable, marketable idea and then become successful startup founders. Also, Paul Graham is speaking from an investment portfolio perspective when he is speaking of the #1 failure point being not having a co-founder. He says, "Have you noticed how few successful startups were founded by just one person?" The thing you should be worrying about is "Have you noticed how few successful startups there are? Why is that?" Answer the second question first, and you will come to find it has very little to do with co-founders.
- the_impossible 11y agoThank you for the feedback. Yes, I'm looking for a co-founder to start a startup. "In reality, having a marketable and economically viable idea is the key to founding a successful business." That's not 100% true. I mean, it is important, but it's not the one and only key. There's more to it than that. Here's a list of marketable and economically viable ideas that won't lead most people reading this comment have a successful business out of them. http://paulgraham.com/ambitious.html http://paulgraham.com/ambitious.html People are more important than ideas. I'm sorry my posts came off as my passion is not wanting to work in a large company. I don't work in a large company. My passion is to change the world, after becoming ramen profitable. If I had to pick between a business that makes lots of money but isn't fullfilling or a business that makes less money but has a shot at changing the world, I'd pick the latter. I don't know if this answers your question. You are right that people who like sitting around together may be unable to come up with a viable, marketable idea and then become successful startup founders. It's not easy to generate ideas. It's hard to be a startup founder. But you also may be presumptuous if you think I haven't found a problem or started solving it. And I may be presumptuous if I think you haven't found a problem or starting solving it too. I want to listen to other people's ideas. Valuable ideas can be risky or frightening enough that you don't even know you have them. Bouncing ideas with someone else can help them surface. If I had to make one assumption, it'd be that people who like sitting around together, and like each other, and are exceptional, are more likely to come up with a viable, marketable idea and then become successful startup founders than people who don't like each other and aren't exceptional. If this "success" quality can be put into words better, similar to being formidable, I'm open to a definition. One problem with people coming because they are interested in a problem you are solving is that they also leave when the solution doesn't work. People who stick together are more likely to stick with a solution longer. They are also more likely to be open to changing the idea. I saw this problem with people who weren't friends first. They wouldn't be in sync. They would refuse to switch ideas. This may be a very simplistic reasoning, but if you go from a single founder to two, you potentially double your growth rate. Or you at least double your productivity. Because now there are two people working to make some big tech breakthrough and get that initial toehold of users, assuming they can work together. It seems to me growth rate is more important than equity. With growth rate you can get rich enough to not have to work again. With double the equity but no growth you don't.
- pavornyoh 11y ago@the_impossible, If you don't give a snapshot of your idea, how do you expect to find a co-founder say on HN? Your post of looking for a co-founder is very general so can you be specific in what sort of expertise they need to have? Also, finding a co-founder you don't know well can lead to all sort of headaches so I'd be weary of it if I were in your shoes. All the best-