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From the article "One concrete thing before you start to work through conflict is to always remind yourselves: You’re on the same team." ...yet, this is actual
by TuringNYC 10y ago
From the article "One concrete thing before you start to work through conflict is to always remind yourselves: You’re on the same team."
...yet, this is actually not obvious to many co-founders. I angel invest and see this problem over and over -- situations where co-founders are not on the same team but rather on either multiple teams or have misaligned incentives.
before any of what is discussed in the article, co-founders need to ensure -- in writing -- not only their roles/responsibilities but outside commitments, especially paid outside commitments. Companies where one partner takes undue risk (e.g., giving up a job while the other has not) are incredibly fragile, yet this is often not discussed by many. In such situations, the co-founders are not actually on the same team entirely.
EDIT: Another bad situation -- one where one founder has a much longer tolerable horizon (perhaps they are rich, perhaps they have side incomes) and another founder seeks a quick exit at a lower figure (perhaps because they cant stay on a founder's salary for too long.)