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It might - and it might not. Can go both ways. If you have a natural co-founder, someone who developed an idea with you, and you trust deeply, great. (If it's a close friend, you might be losing that friend eventually, though, but I think I'd prefer someone in friend territory). If you are going to be doing sales/fund-raising versus having the money come to you, it can be very hard to do all of that. But I don't believe in the idea that it can't be done either - especially if it's a website where somebody can sign up and pay, and you don't need sales - and ideally can avoid fundraising. Anyway, if you don't immediately have a perfect idea for who a "co-founder" should be, consider whether you want one. I think it's a phrase that gets thrown around a lot, perhaps a bit too lightly. I wish they were really just called "founders" really - and if you had an idea, the person you brought on later is "help", not the founder. Consider granting significantly less equity and keeping your control. If not, realize that this relationship is a lot like marriage, and you're much less likely to be in love with this person, and probably will see them more. A co-founder is not something to be simply go out and "got". You will probably need lots of help, but "co-founder" just isn't something to be given away casually. Hire the help you need, sure. |