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You should merge the companies. Pick one of you to lead, put both of you on the board (if you will have a board). And then if it does not work, one of you has t
by codingdave 2y ago
You should merge the companies. Pick one of you to lead, put both of you on the board (if you will have a board). And then if it does not work, one of you has to quit, with the other remaining as the leader of the merged company. You need to developed a merged product to which you are both committed, with neither one of you holding any attachment to your former product or brand.
Anything short of that, you are asking for conflict. And if you are not both comfortable with that, you should not partner up.
- bruce511 2y agoI agree with this. I'll add the following; Understand that this venture is risky, to both of you. There are possible upsides and downsides. Assuming you're both operating in good faith, both sides want it to work. As a startup you'll be used to risk. It's kinda baked in. This is just one more. There will be more to come. You can "structure " some of the risk away, but fundamentally it's there. I would recommend you both take one day and spend it together. Try and find topics you disagree on and just discuss them. This will help you understand how your partner deals with conflict. Explore areas which are material (politics) and something which is not (say sports). See if this is someone who understands consensus and compromise (find out if you are.) Ideally you have more time, but even a day would be a good starting point.