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> You can also start solo and bring on cofounders once you feel you need it. Thanks for the reply. How do you know when it is time to do this?
by 0des 5y ago
> You can also start solo and bring on cofounders once you feel you need it.
Thanks for the reply. How do you know when it is time to do this?
- ngokevin 5y agoI can't really say since I never reached that stage, but I imagine you'll know for yourself if that time comes (e.g., need more skillsets, can't keep up with demand, growing too fast you can't handle it alone, burning yourself out, finding a natural fit).
- mckleroy 5y agoCurrently building a binocular company. Was able to get the product / design / marketing / ecomm going solo, brought on partner once the product market fit was proven to help with fin / ops. That made more sense than to start at the beginning, as the fin / ops was not much for the first few years (intense product / marketing tho).
- ksec 5y agoHow did you split your shares? Equal part?
- ngokevin 5y agoNot OP, but if it's a full-on growth startup, one advice from a YC video is 50/50. Because the majority of the company building is still ahead of you (think 10 year timeline). And you want a true cofounder to have full skin in the game. This varies on the situation of course.
- ksec 5y agoMake sense. Thanks.