I understand that you kickass at Guitar Hero and you play a ninja in World of Warcraft, but seriously… can you stop calling yourself a rockstar and a ninja in real life? These hacker terms for “awesome coder” have gotten way out of control.
[UPDATE: Thanks to everyone for pointing out that WoW has no ninja class. Sorry...I'm a Starcraft guy. ] Continue reading
When Should You Find a Co-founder? I’m going to go with my gut here and say: Before your idea is even half-baked.
I’ve had a couple discussions recently about when is the right time to look for a co-founder. As soon as you have an idea? Once you’ve tested some of your core assumptions? Before you have an idea? There’s no rule and I haven’t seen anything written on the subject.
I had to laugh out loud when I read this at jacquesmattheij.com:
At some point in the thread he writes: “We are working on that now. It might give us more breathing air but still will keep us with a CEO (him) that I cannot trust professionaly.”
I practically fell off my chair when I read that. A three letter title in a two man company ? What does that make him ? CTO ?
…and then he continues:
Titles are for insecure people that need to have their egos re-inforced or they are for people that have reached a stage in the life of their startup where it starts to make sense to divide the work in to fixed roles, where you have well defined territories and people as a rule will avoid crossing over in to each others territories.
Before you and your co-founders step up to the alter and say “I do”, it’s a good idea to get to know each other a little first. Maybe even play a little footsie.
I’ve been searching and searching for good advice on the subject and consistently come up empty. There’s plenty of advice on how to split up equity, qualities to look for in a co-founder, and even the occasional article on places to go to find entrepreneurs. Why is there zero information on how to vet them? The typical article seems to suggest a good conversation will do the trick, presumably because you’ve just dosed your co-founder with sodium pentathol and wired him to a lie detector. Continue reading
In our customer development interviews with entrepreneurs looking for co-founders I’ve found many pitches follow this general course:
1) My idea is amazing, but I can’t tell you about it.
2) It’s a 100% surefire billion dollar idea, if only I had someone to do __________.
3) I will only tell you about my idea if you commit to indentured servitude for at least one year if not longer.
I find this a bit loopy. Continue reading