Re:What are the downsides of being a single founder (ie. not...
by jmtame on Friday June 29, 2007 @12:20AM
(#31536)
I think it depends on your personality.
I really have a difficult time settling on equity, because I have absolutely no faith in "business" co-founders. I really see no purpose until a product is well-developed. You could probably call this a Mark-Zuckerberg'ism ;)
So I have to negotiate the equity with a technical co-founder, but when times come where they don't want to keep up with you, then what? So it all depends on if you can find a strong co-founder or not. If you can, I'd say go for it.
Otherwise, I don't think it's that bad to develop something solo until you can attract some attention. I plan on doing that when I get back to school.
I really have a difficult time settling on equity, because I have absolutely no faith in "business" co-founders. I really see no purpose until a product is well-developed. You could probably call this a Mark-Zuckerberg'ism ;)
So I have to negotiate the equity with a technical co-founder, but when times come where they don't want to keep up with you, then what? So it all depends on if you can find a strong co-founder or not. If you can, I'd say go for it.
Otherwise, I don't think it's that bad to develop something solo until you can attract some attention. I plan on doing that when I get back to school.