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by TheSkeptic
5462 days ago
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You don't earn a technical co-founder any more than you earn your first secretary. Every person who is recruited to join a business must be convinced that he or she is going to get something out of the deal. The problem quite simply is that there are a lot of wannabe entrepreneurs out there who expect someone with technical chops to join them when they a) don't have an existing relationship, b) don't have a proven track record of execution and c) don't have anything to give besides equity that isn't worth anything. In other words, "co-founder" is little more than a title bestowed upon the person you need to build your product but can't actually pay to do the work. It's no surprise that it's hard to find a "co-founder" of any type under these circumstances. When somebody you briefly spoke to at a meetup asks you to be a "co-founder" in exchange for 10% of a company that doesn't exist yet, you're naturally going to be skeptical. If that person adds a reasonable salary to the equation, you're far more likely to take the proposition seriously. Additionally, I think it's worth pointing out that wannabe entrepreneurs have a lot of misconceptions about what type of technical skills they need. Instead of looking for someone who can build a basic web app (which is what 99% of them want to build), they look for a hipster developer whose resume is filled with all the buzzwords of the day. You do not need a Ruby on Rails developer with MongoDB experience to build a web application where individuals can organize and share pictures of their pet goats. |
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In reality, you have to "earn" technical cofounders like we have to "earn" business cofounders. I hate sales/meetings/trying to raise money, so it would be great to have a cofounder to do those things, but I have to "earn" a good one.
It's nothing more than people having to prove themselves to each other, which is natural. The only content in the post is the old chestnut of people overvaluing ideas.