Hey Folks,
--I think co-founders are great but only when you get it RIGHT. If you didn't get it RIGHT, then having co-founder/s will just be full of pain and frictions.
I personally had multiple ventures where I had co-founders over the years let's say 4 times. I managed to get RIGHT only ONCE (25% success rate ).
When this was right it really felt amazing to interact and work with the team, things were moving super fast with very low friction.
The most import thing, I think comes down to ALIGNMENT between the co-founding team.
What type of alignments?
I can think the following list is quite important to be aligned about ..
1- Vision (near and far).
2- Approach: the approach you take to get to where you want to go, including methodologies of work.
3- Seeking Funding vs Bootstrapping (and at what stages).
4- What metrics to watch (vanity vs true, etc)
5- Responsibilities and expectations form each one.
6- Breakup (how would you handle exits if one of you just decided to quit)
These are just based on my experience so far .. Let me know your thoughts, What did I miss guys based on your experiences?
I have one great project of blockchain.
Are you interested?