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10 Partner Qualities to Test Before Sharing Equity

Startup Professionals Musings

The feedback was good, but some readers asked me to be a bit more specific on attributes that might indicate an ideal startup partner. In this context, I’m broadening the definition of partner from co-founder to “business partner.” You may be too independent to be partner material. Does not need to be managed.

Partner 258
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Startup Lessons for the Proto-Founder

www.metamorphblog.com

Here’s how the pitch sounds from the engineer’s perspective: ‘For ten whole percent of equity, you will slave away to build a prototype out of my shitty idea, not have any say in the decision-making process…and oh yeah, you could be fired at any point.’ Date for a bit, then split the equity.

Founder 51
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How to hire a programmer to make your ideas happen

sivers.org

Save the rest for later. No need to even tell people about the rest unless theyre really really interested. Then carry on with the rest. I also know someone else who consulted me about his website idea. Well as a programmer of many websites I find that it is easier for my clients to consult my ideas first.

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From Nothing To Something. How To Get There.

techcrunch.com

Only eBay was founded by a single individual – the rest were team efforts. In Meebo’s case, for example, I was lucky enough to partner up with Elaine and Sandy. No looking for partnerships (who’s going to partner with you anyway?). Partner up? First and foremost, find a great founding team. No phone system. No legal muck.

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Where is the best place to find a rockstar developer to bring it to life?

www.quora.com

Someone who is egotistical enough to call themselves a rockstar, yet humble enough not to want 99% of the equity? If you are a creative guy with a good head for business looking for an engineering partner, send me a summary of your idea and business plan, and I'll do the implementation!" This person does not exist.