[ritoune]

Started a company with a close-ish family member who also had a prestigious full time job in the sector we were in.

He promised meetings with execs and experts in the sector, and expert advice. We split equity 50/50. After three months, we had an MVP that customers loved, a contract with a large client, and several interested angels.

Unfortunately the co-founder hadn't delivered on anything (all business meetings were from cold calls, I had to learn all domain expertise on my own, my co-founder was spending no time at all on the company and kept promising to do things that he didn't end up doing).

After trying to get him to execute what he said he would do with a positive attitude for three months, he called me and told me he "didn't want me to make him feel like he wasn't doing enough". If he was a stranger I would have found a way to kick him out. But to preserve family relationships we killed the company.

TLDR: people in your family with great jobs don't make for good co-founders