Re:Research: The Average Age of a Successful Startup Founder...
by opportune on Sunday October 14, 2018 @03:06PM
(#18214525)
“Non-technical cofounder in early 20s” sounds like a massive red flag to me. Ideas are cheap, execution is what matters
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Re:Research: The Average Age of a Successful Startup Founder...
by conductr on Sunday October 14, 2018 @04:59PM
(#18215301)
This is common sentiment but I disagree. As a tech person, I’d much rather partner with a non-tech person already selling and raising funds. Sounds like a winning combo but the parent just didn’t want to go on the path this specific person was heading down.
Re:Research: The Average Age of a Successful Startup Founder...
by cabaalis on Sunday October 14, 2018 @10:10PM
(#18216943)
I've always been better with an "idea man" to work with. I'd be careful though with an inexperienced non-technical cofounder, as they tend to not understand the intricacies of implementation. Setbacks will happen, and I have seen non-technical cofounders place a ton of blame on the technical ones when things go wrong. A rift in the relationship could mean the end of the business.
Re:Research: The Average Age of a Successful Startup Founder...
by SmellyGeekBoy on Monday October 15, 2018 @04:38AM
(#18218251)
To be fair, "non technical co-founder" could mean anything from GP's pretty great sounding example to "I have an idea for the next Facebook, if you build it for free I'll give you 10%".
Re:Research: The Average Age of a Successful Startup Founder...
by pdimitar on Sunday October 14, 2018 @06:43PM
(#18215969)
I don't see the disagreement with your parent. He has reservations about the age and thus the experience of the person, not if they are already actively raising money and doing sales. You can do these at 30+ as well.
Re:Research: The Average Age of a Successful Startup Founder...
by jowiar on Sunday October 14, 2018 @08:49PM
(#18216585)
Execution is not just technical. Sales, marketing, fundraising, recruiting, hiring, design/product, media, strategy, etc...
Re:Research: The Average Age of a Successful Startup Founder...
by AstralStorm on Monday October 15, 2018 @08:04AM
(#18219002)
But if you have no technical innovation or your innovation is trivial to clone, then you don't have a startup.
Many startups fail because they're actually not innovative. Nobody needs another database from a tiny company that is just tiny bit better. No matter how good rest of your offering is, bigger does often mean better.
Other fail due to entanglements, especially hardware ones. Their supply chain fails and that's that. No amount of media will help and you cannot afford to hedge this kind of risk.
Re:Research: The Average Age of a Successful Startup Founder...
by fouc on Monday October 15, 2018 @06:13AM
(#18218587)
Execution is what matters. Execution has nothing to do with technical skills however.
If you're already bringing the technical skills, you probably want to partner with someone that has the skills you lack. In particular you'd probably want business development skills, but you'd also want them to be able to jump in and get involved with designs/mockups so you can focus on the technical side.
Re:Research: The Average Age of a Successful Startup Founder...
by bonestamp2 on Monday October 15, 2018 @06:47PM
(#18224658)
I agree; however, after the MVP is built the execution continues... and a hard part of that phase in the execution is actually getting customers and raising money and he had already done both. So, he had real value beyond the idea. I think we can all agree that some ideas are better than others, and the idea was on the better side of that spectrum too.
Re:Research: The Average Age of a Successful Startup Founder...
by billyggruff on Sunday October 14, 2018 @04:52PM
(#18215256)
He already had investor monies and two customers.