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rockstuckhrdplc

Re:Ask HN: Dealing with Underperforming Co-Founder on Friday July 24, 2020 @11:45AM (#23940856)
That philosophy makes sense to me. I suppose we just need to ensure we have a suitable replacement to handle the duties PC should be taking care of before we stop working with PC?
Re:Ask HN: Dealing with Underperforming Co-Founder on Friday July 24, 2020 @11:32AM (#23940681)
Thanks for offering your thoughts. What you're saying about VCs makes sense.

I agree that it can be difficult as a technical person to assess non-technical people/activities, and I've tried to be understanding of our differences. Our team has frequent meetings, and PC has explained they have been lining up investor conversations through references from our company connections (corporate counsel, previous accelerator connections, etc.), but I've gotten the feeling PC hasn't really been chasing the money with enough intensity. For example, PC spent 3 days the other week (~20 hours reported) "preparing for an investor pitch," which went disastrously - lots of stumbling across words, struggling to explain our product, competitors, and IP strategy.

I suppose the challenge is finding someone more competent who would be willing to do the job with minimal pay, both in terms of the availability of such people and the ability of me and OC to dedicate time to such an effort. Thanks again for your answer. I'll have to discuss with OC what we can afford to do at the moment.

Ask HN: Dealing with Underperforming Co-Founder

I'm a co-founder at a young (1-2 years old) startup. We established an equal equity structure to indicate each co-founder would contribute equally to the company's growth. However, it has become apparent that this is not the case.My co-founder (PC) is not technical. Our startup makes software and hardware, and PC does not have the knowledge to be involved in either. Over time, many...

( Read More... | 4 comments | 2 points | on HN )