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The good things: 1) You have industry connections which can be very valuable in the right scenario. Your best bet is to be a business cofounder. But, I wouldn’
by nowherebeen 5y ago
The good things:
1) You have industry connections which can be very valuable in the right scenario. Your best bet is to be a business cofounder. But, I wouldn’t give 50% for a business cofounder until they can demonstrate their value in $$ terms by signing contracts with customer.
The bad things:
1) You don’t know what you want to build
2) Doing grunt work is a very different reality from executive leadership. You might be in for a real wake up if to decide to do this.
3) Product market fit doesn’t care about how much money your startup has. Getting there is the hard part. Everything else is useless until you get there.
4) You don’t have a product or idea, why register a company? To seem legit or raise money?
5) Will SWE join your startup in this hot market? It’s going to be a tough sell. Money talks at the end of the day.
You are not a product or engineering guy. You are a business guy. That might not be enough. Just my 2 cents.