cofounders

3 Biggest Mistakes When Choosing a Cofounder

Finding the right cofounder(s) is critical to the success of a venture.  OnStartups  has a great post one best practices in recruiting cofounders.

Some Highlights:

"balanced teams with one technical founder and one business founder raise 30% more money, have 2.9x more user growth and are 19% less likely to scale prematurely than technical or business-heavy founding teams."

" Advisors and friends are great, but they aren’t nearly as emotionally invested as you are."

 "Fall in love with the person, not the idea."

 "When should you start thinking about a potential cofounder? The quick answer is ‘always.’"

"Finding the right cofounder is game changing – make sure you approach it like you would a partner and make it an early priority."

 Read the whole thing here.