Written by Andrew Askins and Laura Bosco. Finding a technical co-founder is one of the most important decisions you’ll ever make. Because investors rarely invest in companies without any technical talent in-house, a technical co-founder plays a huge role in funding. They’re also critical to steering the ship, recruiting talent, and helping you stay sane. But finding a good, technical co-founder is far from easy, and the majority of companies are going about it the wrong way. Like every other aspect of building a business, finding a trustworthy co-founder takes time and work. A technical co-founder is way more than a skilled programmer.
Find or Become a Start-up Co-Founder. Number 2 in the world for VC funds. Highest per capita in the world. My Favorite Co-Founders. Save Favorites. See all.
Get involved at colleges with very technical people. Try out founder “dating” (use sites like FounderDating and CoFoundersLab). You don’t find a technical co-.
Develop expertise, traction, and technical proficiency. By Daniel Wu and Stephen Turban. For a generation of programmers, the idea of non-technical co-founders has gone from bad to meme-worthy. But, wait, what if you are a person without technical skills interested in a startup? How do you successfully show your value and find a technical co-founder?
Instead companies require a melding of expertise, traction, and technical skills. Specifically, we identified three actions as key for those looking for a technical co-founder:. Why you? Why would they want to work with you, instead of another friend? Or with someone else who is technical? To prove your worth, show that you, and perhaps only you, can grow and sell the idea.
The majority of our founders agreed that you need to show expertise in the users and the problem. Take the case of Zott , a rapidly growing entertainment distributor company focused on children in hospitals. One of the co-founders, Taylor Carol, was diagnosed with Leukemia at the age of
10 Best Websites to Find a Co-founder for your Startup in 2020
We are firm believers in starting a business with someone else. Sure, Mark Zuckerberg of Facebook went for it alone, but founders like him are few and far between. Plus, Zuckerberg had a ton of help. Remember that nasty lawsuit by those brawny Harvard students? Even if you think you can cover everything, why should you if you have a co-founder who can do it better? Something else to consider?
Tech leaders in Silicon Valley are turning to couples counseling to work The trend has sparked a new wave of therapists focused specifically on co-founders. every day, but they could never come up with a firm move date.
I took the role of full-stack developer, lead DevOps guy, and CTO and wrote the foundation of the software. I had a small salary and a solid equity position as a member of the three-person founding team along with a CEO and a lead product designer. A year later, as the company found its business model, I left the company. This was largely due to frustration across the founding team with the manner in which a Lean startup project develops and matures into an MVP, and how that applies to the development team.
The roots of the problem were in my inability to adjust to pivots, and to effectively participate in both 10,foot project planning, and the micro-view required for coding. This is a problem that I have seen repeatedly over two decades of working with startups. While I may have been too green, or not the technological genius I believed myself to be in , I have watched other startups repeat this pattern in the intervening years.
This is most apparent in the manner by which entrepreneurs describe their companies. These companies are not technology companies, they are companies applying technology to create a niche in the market. If you are building this kind of company, the technology you use is a commodity. Your value comes from solving the problem in a scalable, profitable manner. The technology you use may become more valuable later in the process when you have thoroughly explored your available market and need to find efficiency as a means for keeping yourself ahead of the competition.
Your seed and A-rounds will come once you demonstrate that a real market exists, and that you have identified a scalable process by which you can capture that market. But that only holds true if that hacker is capable of maintaining both the micro and the macro view of the product: helping to hone in on the business opportunity, and to build a stable, scalable product.
Top 10 ways to meet a startup co-founder
There are many factors that can go into making a startup prosperous—for instance, market prerequisites, availability of the necessary funds, or an appropriate business model. Nevertheless, finding a trustworthy and well-qualified co-founder or co-founders is an essential first step, especially when you feel like you have a great idea, but some of skills are missing. As Startup Genome reports, having a co-founder at least one contributes to startup success. However, it can be hard to find an ideal co-founder.
Luckily, many online and offline platforms are there to help you reach those who can complement your skill set. We chose the top 6 to highlight for you here.
Many factors go into a successful startup, such as market need, financing, a viable business model, and marketing. However, finding the right team — specifically, the right co-founder or cofounders — is a crucial first step. Finding a co-founder can be challenging. However, there are many resources founders can use to find someone with the skill sets necessary to run a business.
Here are tips on what to look for in a co-founder and where to look. Startups will be more successful when they have two balanced partners.
The Quest for a Co-founder
In a world where it is getting harder and more frustrating to get the ideal business partner or startup co-founder, it has become more important for online platforms to be created to make it easier for people with great ideas to find people with great skill-sets in order to build the idea together. Finding a co-founder is the most important thing for any startup because it usually is arguably the first hire, and that is what will determine whether your startup will be successful or not.
Of course, there are a few other things that will determine the success of your startup aside from having just a good co-founder. For instance, garnering media coverage by using tried, tested, and proven PR strategies can increase attention to your startup leading to more success. Additionally, reaching out to journalists and building strong relationships with them can also improve the level of publicity you get. All these can be done by using a startup-based affordable PR firm like Pressfarm to help, instead of using expensive PR experts who promise nothing but thin air.
Co-Founder, Tech. tyutee. Anekal, Karnataka, India. Essentially Looking out for a Star Coder for an EdTech startup which has MVP readiness. Ideally would be.
Some of the rules are universal and can be applied to most companies I even followed them while looking for new members for my band! Only that way you have a chance of having a fruitful collaboration. They will find that rather than managing and hiring people for projects, they prefer to roll up their sleeves and be directly involved in the development themselves.
In any case, you need to keep in mind that being a CTO requires a different skill set than being a software developer. In other words, you need a tech-savvy businessman. The first few months of running your own company are extremely hard. You will push yourself to the limits and you need someone who is ready to do the same for the company. Look for someone who can demonstrate dedication to their work over a long period of time. Without a developer, Groove would never get built. He started with outsourcing his MVP to an agency.
And it worked! Look for a co-founder in your neighbourhood via LinkedIn.
Everything you need to know about finding a technical cofounder
Welcome to a new BetaKit weekly series designed to help startups and entrepreneurs. Each week, investors Roger Chabra and Katherine Hague tackle the tough questions facing founders today. Have a question you would like answered? Tweet them with the askaninvestor hashtag, or email them here. Generally speaking, a startup needs both builders technical founders and hustlers non-technical founders.
In , I started my third startup, as a technical founder with the TechStars Boulder company InvitedHome (at the time, we were.
Here’s my experience. I was on FounderDating for at least a couple months last year actively looking. I am speaking from a tech cofounder perspective. During that time, a few emails were exchanged with a few prospects and a couple Skype chats were made too. But nothing came about from it. Then instead of waiting any longer I decided to go ahead myself and just keep an eye out as I go. Soon afterward I serendipitously found another startup doing something similar to what I was trying.
I contacted them just to exchange ideas. Turns out they were looking for a CTO.
3 strategies to find your next technical co-founder without looking like an idiot
FasterCapital is an online incubator which is operating in Ireland. Below is our network of entrepreneurs, investors, mentors, regional partners and representatives in Ireland. A list of companies we have become the technical founder for in Ireland. The model offered is unique worldwide and in Ireland it has gathered good attention already.
Non-funded non-technical founders have a bad reputation among tech people, what makes your project different? If you’re on a site like Founder Dating, you.
Berlin-based business consultant, Peggy Lee, offers some advice for how to find and select the right partner. With new tech startups being built every year in Berlin, demand for tech cofounders in the German capital is high. While identifying the key qualities of your ideal partner is a good place to start, you should also consider what skills you can bring to the table.
As the other side of the relationship, there are things that you could be doing to help your business along, such as proving that your idea has traction and working on your own technical skills. These specialists will be able to offer rich industry knowledge, provide helpful feedback and give you access to a network of people who could be suitable tech cofounder candidates. Making a wish list for your ideal tech cofounder can be a useful tool to help you do this.
For an example of questions you could ask a potential cofounder in an interview, the Founder Institute is a helpful resource.