Comments on: Original Co-founders aren’t working out. How do I find reliable co-founders? https://startupsanonymous.com/question/original-co-founders-arent-working-find-reliable-co-founders/ A place for startups to share stories and ask questions anonymously Sat, 04 Mar 2023 05:16:43 +0000 hourly 1 https://wordpress.org/?v=6.5.2 By: เว็บพนัน https://startupsanonymous.com/question/original-co-founders-arent-working-find-reliable-co-founders/#comments/40377 Sat, 04 Mar 2023 05:16:43 +0000 https://startupsanonymous.com/?p=4145#comment-40377 … [Trackback]

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]]> By: Anonymous https://startupsanonymous.com/question/original-co-founders-arent-working-find-reliable-co-founders/#comments/12909 Mon, 26 Mar 2018 19:06:43 +0000 https://startupsanonymous.com/?p=4145#comment-12909 In reply to Anonymous.

Also look into the website, slicingpie.com – a method of fair dynamic equity allocation. It would help alleviate this issue going forward.

]]> By: Anonymous https://startupsanonymous.com/question/original-co-founders-arent-working-find-reliable-co-founders/#comments/12894 Sun, 25 Mar 2018 09:13:49 +0000 https://startupsanonymous.com/?p=4145#comment-12894 In reply to Anonymous.

Thanks for making that clear. At the moment there is just the chance to talking to an investor. No talks happened yet.

And this chance is enough to bring everyone back suddenly highly motivated to receive some money

]]> By: Anonymous https://startupsanonymous.com/question/original-co-founders-arent-working-find-reliable-co-founders/#comments/12892 Sun, 25 Mar 2018 04:08:29 +0000 https://startupsanonymous.com/?p=4145#comment-12892 In reply to Anonymous.

The oral contract was more in the sense of the latter. You get very little money.

]]> By: Anonymous https://startupsanonymous.com/question/original-co-founders-arent-working-find-reliable-co-founders/#comments/12891 Sun, 25 Mar 2018 04:06:54 +0000 https://startupsanonymous.com/?p=4145#comment-12891 In reply to Anonymous.

Thank you. I just ordered it 🙂

]]> By: Anonymous https://startupsanonymous.com/question/original-co-founders-arent-working-find-reliable-co-founders/#comments/12890 Sun, 25 Mar 2018 04:06:17 +0000 https://startupsanonymous.com/?p=4145#comment-12890 In reply to Anonymous.

They are not and yet they have delivered little to nothing to improve the idea.

]]> By: Anonymous https://startupsanonymous.com/question/original-co-founders-arent-working-find-reliable-co-founders/#comments/12874 Tue, 20 Mar 2018 12:54:27 +0000 https://startupsanonymous.com/?p=4145#comment-12874 How to find a better team ?: first of all, only replace a person AFTER having found a new one who really seems better. I would search for fresh graduated persons, they are not yet spoiled with money, and they worked with excitement for their thesis without any pay.

]]> By: Anonymous https://startupsanonymous.com/question/original-co-founders-arent-working-find-reliable-co-founders/#comments/12873 Tue, 20 Mar 2018 12:45:07 +0000 https://startupsanonymous.com/?p=4145#comment-12873 In reply to Anonymous.

Every employee brings in some ideas. This is normal and no reason to not fire them. The crucial question is: this oral contract you have with them: was it in the sense of “you are an employee and get your salary”, or was it in the sense of “you get very little money, just to cover your food, but you are then holding 20% of the company” ?

]]> By: Anonymous https://startupsanonymous.com/question/original-co-founders-arent-working-find-reliable-co-founders/#comments/12836 Sat, 17 Mar 2018 15:17:59 +0000 https://startupsanonymous.com/?p=4145#comment-12836 Read the Founders Dilemma ASAP. It will help you deal with current issues, and hopefully prevent future, issues. Also read Venture Deals because it will help you plan for and avoid issues when you’re raising funds. Good luck. Been there and it sucks.

]]> By: Anonymous https://startupsanonymous.com/question/original-co-founders-arent-working-find-reliable-co-founders/#comments/12831 Sat, 17 Mar 2018 11:02:07 +0000 https://startupsanonymous.com/?p=4145#comment-12831 The thing potential investors like most is consistency and expertise. When first contact has been made and a chance for investments seems realistic, you should not change anything in the team structure at the moment. The better way is to disclose your concerns in a private meeting with the investor, making proposals how the change process could work and that there will be no loss of expertise doing that.

If you make changes to the original team before, the investor will lose confidence in the project before it comes to funding. You should be aware of that.

]]> By: Anonymous https://startupsanonymous.com/question/original-co-founders-arent-working-find-reliable-co-founders/#comments/12826 Sat, 17 Mar 2018 10:16:38 +0000 https://startupsanonymous.com/?p=4145#comment-12826 In reply to Anonymous.

Kick them anyway. Either you feel supported or not. If not: you gonna end up ruined having opportunists around you.

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