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by stuck12345
433 days ago
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my cofounder has been pivoting across different ideas for the past 4 years now after their last company failed. while admirable, the inability to stick to idea/industry/persona, to me, seems like a massive red flag. we started the company for the sake of starting a company, ngl. what does a good cofounder breakup look like? |
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For a good breakup, I usually think about 3 perspectives:
1) Relationship with your co-founder(s) - Unless there's some major violation of my values, I'd like to be on good terms even if the team fell apart. That means you might still grab dinner/beer with them and even help them out in their next venture. You all may end up co-founders in the future when you're all wiser and the opportunity presents itself.
2) Reputation with your investors - The VC space is smaller than you think, and you need to maintain goodwill. These investors did make a bet on you, and I think you'd want to demonstrate you tried your best. You might even return some of the money left (it's mostly symbolic, but w/e counts). Most VCs understand failures are inevitable, but you don't want to leave the impression that you were the problem.
3) Self-image/self-esteem - I think many founders underestimate the benefits of a good closure emotionally. A good breakup means you sleep well at night and are content with how you handled things. You don't want bad vibes to fester and ruin your motivation and focus for whatever you do next. Building a company is already hard enough, you don't need the debuff. Doing rash things you'd end up regretting will likely cost you more time and opportunities later.