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The Founder's Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup (The Kauffman Foundation Series on Innovation and Entrepreneurship)
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Read the Founder's Dilemma.
Don't "look for a cofounder".
Collaborate with friends and loose connections on projects ("date") and escalate from there. (Don't undershoot "loose".)
You need to be friends.
Get hitched when you're sure.
Probably to find your first user. Get feedback from them on your prototype. Startups aren't fungible so more info on your startup would help. Additionally there is a wealth of resources on the Internet: some of my favorites:
How to Start a Startup: startupclass.samaltman.com Watch the whole series, or you might regret it
Lean Startup: http://theleanstartup.com/ Get this book. If you're not a reader become one. Don't skim it; read it.
Founder's Dillemma: http://www.amazon.com/Founders-Dilemmas-Anticipating-Foundat... Read the whole book before you go get married to a cofounder
⬐ alistproducer2I have the Lean Startup and I must admit I'm guilty of skimming lol. Thanks for the info/advice. I really appreciate it.⬐ KinnardI knew it. Happy to help.
Seconded! In the meanwhile, Founder's Dilemmas is a great read (http://www.amazon.com/The-Founders-Dilemmas-Anticipating-Ent...)
If you find this interesting, Wasserman expanded his thesis into a book, an academic study of startups. Highly recommended.
A good read for those interested in this topic i.e. the pros and cons of finding a co-worker through something like "founder dating" VS. with friends/relatives VS. with coworkers is "The Founder's Dilemmas" by Noah Wasserman.
If you'd just like a preview/synopsis of the book, there's a podcast of the author's talk at Stanford, which covers all the broad strokes and key points.
Great post. It's not often you see founders share how they arrived at their equity split.
I highly recommend The Founder's Dilemmas by Noam Wasserman (http://www.amazon.com/The-Founders-Dilemmas-Anticipating-Ent...). The book is very data driven. Noam uses the data he collected over the last 10 years to backup the different scenarios he discusses. Chapter 6 talks about equity split and Noam talks about the difference between 50/50 hand-shake splits, 50/50 designed splits, 51/49 splits, and other splitting scenarios. I got the audiobook and it's an easy listen/read over the weekend. For me, this is not just a "one man's opinion" book. Its data driven nature makes it a must read.
Other parts of the book talks about different co-founder options (family, friends, co-workers, life partners), role divisions and funding choices.