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As a technical founder/early person in my past: If you don't know why you need a technical founder. That is EXACTLY why you need one. It is the same reason w
by ilc 3y ago
As a technical founder/early person in my past:
If you don't know why you need a technical founder. That is EXACTLY why you need one.
It is the same reason why if as a technical founder, I didn't know why I needed a non-technical founder. I'd probably be making a major error.
To those saying they waste equity:
If you truly have a failed company, with a bad founder, buy them out or kill the firm, it happens. You've learned some key lessons.
If the founders you need cost you 75% of your equity and you make a unicorn.... Were they worth it? Who cares. You got your fuck you money.
- TuringNYC 3y ago>> If the founders you need cost you 75% of your equity and you make a unicorn.... Were they worth it? Who cares. You got your fuck you money. How many times does it end at the technologist owning 25%? I've seen tons of friends swindled and ending up with nothing and successive rounds of business hires walk away with the value.
- ilc 3y agoIt does help to have SOME finance background when doing all this. I will not deny that people are gonna get screwed. The question is how to minimize the damages.