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by icey
6048 days ago
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I like all the enthusiasm you've got for your idea. It's an easy mistake to look at things from a purely rational standpoint and mentally check off all of the traits that you're looking for; but you really need to spend some time working with someone to know if it's going to be a good fit for sure. Trying to reach out to someone to ask them to cofound a company with you isn't that far away from emailing a woman and asking her to marry you just because you think the two of you like the same things. All that being said, you should definitely get in touch with this person and say that you've got some things going on that you think he might be interested in, and maybe try to meet up or work on a small project together or something like that first. |
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From your post, it sounds like you're worried about getting this guy "in" with you. If you've got the idea, and are driving it, you offer something very few people do, don't give it up on the first date! You might hate this guy, or he might hate you. OR, he might want something you can't offer.
I'm still learning about this myself, but have in the last year or two begun to strongly prefer trial-period type situations, ones that could last a while. We recently invited to people to join our board, and they are on one-year probationary terms. They were happy to join on those terms because they want to help.
I'm happy to try them out, without worrying about giving them equity now that might be the wrong amount later.
I could say a lot more about this, but I think overall to find a partner in the very early stage, you should generally: pitch the IDEA and business hard, be cagey about promising equity participation, and make CERTAIN that the person will be able to contribute by asking them to contribute for free, or cheap first.