What makes a good technical co-founder?

A technical co-founder is way more than a skilled programmer. They’re someone who is deeply invested in the company and willing to muck through the startup trenches with you. They also own founder-level responsibility, such as building out the technical side of the business and setting the overall vision.

What does a non technical co-founder do?

According to Dharmesh Shah, “As a non-technical co-founder your job ranges from product to hiring to taking out the trash.” You will be the ‘Business-founder’ (or co-founder) to the company.

Why do you need a co-founder?

Support of Investors Investors, generally, tend to support companies which are run by a team than those who run solo. They trust companies with multiple founders and are likely to fund them more easily. So it is best to get a co-founder or co-founders by your side if you want to make the funding process smoother.

How much shares should a CTO have?

It depends if they are Founders or Non Founders and it can be anywhere from 1-33 percent. Why the 33 percent, because if you are less than 3 people and can not survive w/o a technical/co founder/CTO then they are worth it. If you just need a CTO then its in the 1-4\% range.

Do you need a technical co-founder to build groove?

Finding a technical co-founder often feels impossible. Here’s what Groove’s CEO Alex Turnbull did to overcome that obstacle Without a developer, Groove would never get built. Here’s how I took the first step to turning my idea into a business. I had nothing. No prototype. No customers. And certainly no funding.

What is a co-founder of a startup?

Co-founders and founders create the business. They have the most at stake, often contributing their own funds to get the company going and working crazy hours as they push to get the startup off the ground. Especially in the early days, the buck stops with them.

Are your co-founders on the same page?

Forming a productive co-founder team is a critical step in the process of building a company, yet many people simply jump into co-founder relationships without ever making sure their counterparts are on the same page.

Can a co-founder get a patent for an idea?

Key to required patents or trade secrets. In many cases, one of the co-founders may bring some work in progress that can be patented, trademarked or copyrighted. Your idea is not intellectual property yet, so it has no inherent value. Every previous experience filing and winning a patent is a rare and valuable asset.