Ask HN: 3 co-founders or 2 co-founders and employee?

Re:Ask HN: 3 co-founders or 2 co-founders and employee? by brudgers on Tuesday May 26, 2015 @02:27PM (#9606632)

Why are you worried about reducing equity when all that amounts to right now is a bigger slice of zero? And if everything works out dreamily, the difference is whether you spend your days rolling around on a 12" stack of money or a 10" stack?

The reason not to bring in a third cofounder is that you don't have access to the right person...a cofounder is like your spouse only there's more money at stake and you spend more time together.

Finally, if you find the right cofounder, you can bootstrap, generate revenue and have better control over the terms at which others may be offered the opportunity to invest in your company. Having investors is not a goal, it is a means to an end, just like bringing in technical talent.

Good luck.

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Re:Ask HN: 3 co-founders or 2 co-founders and employee? by tixocloud on Tuesday May 26, 2015 @02:40PM (#9606738)

Thanks, they are my thoughts exactly but I wanted to see what others thought.

There are already 2 co-founders but me being the only technical person, I wanted to bring on another technical person to speed things up.

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