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This may well be true of companies generally-- restaurants and plumbers and kennels and so on. There the downside of having multiple owners may outweigh the up
by pg 16y ago
This may well be true of companies generally-- restaurants and plumbers and kennels and so on. There the downside of having multiple owners may outweigh the upside. But with startups it's the other way around.
- Keyframe 16y agoThat must be it. It occurred to my after I made a post. Though there are posts often in similar tone posted here: "My cofounder sits while I do all the work", "We went into this 50-50, now he wants more", "I lost the drive for it"... etc. I know most people here are young and doing startups with their friends, and free advice is worth as much as it costs - but it really doesn't cost you anything if you straighten the terms of partnership/friendship up front, no matter how long you know each other guys. Just do it. It may be awkward, but you won't regret it.