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6 Due Diligence Goals When Vetting Business Partners

Startup Professionals Musings

Business partners can be co-founders in a startup, multiple owners of an existing business, or a joint venture. In every case, a partner can be an asset, bringing new skills and perspectives to the business; or a burden, making every decision more difficult, and taxing your lifestyle satisfaction.

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Non-Technical Entrepreneurs Need the Right Partner

Startup Professionals Musings

The simple answer is to find a business partner, not an “implementer,” who already has the technical experience you need, and is willing and able to run that side of the business. If you are an entrepreneur, like Andrew Mason , CEO of Groupon, with a degree in music and no technical business partner to be found, your job is a bit harder.

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10 Keys To Raising Your New Venture Funding Potential

Startup Professionals Musings

Investors, partners, team members, and customers implicitly value or devalue a startup based on the leader’s physical presence, emotional identity, social skills, intellectual agility, moral values, and past performance in the domain. I have paraphrased his key points here as follows: Leader personal impact. Focus on talent and people growth.

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53 Questions Developers Should Ask Innovators

TechEmpower

Are there other founders, business leaders, partners, or administrators? How will you differentiate from these? Where are you today, and what’s happening right now? What’s been done so far to validate the concept? Who are the other stakeholders involved? How will you be taking this to market? Ads, Viral/Social, SEO)?

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5 Equity Distribution Parameters For Key Contributors

Startup Professionals Musings

The next default of waiting until later is equally bad, since partners who bow out early will still expect an equal share of that first billion you make later. That way, if one of the partners disappears, or their role changes, a portion of the equity can be re-captured and reallocated to the other members. Now comes the reality check.

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When Security Can Become Your Business Differentiator, Everybody Wins

YoungUpstarts

If their intellectual IP is stolen or if they are discovered to have been a launching pad for attacks against a larger business partner, it can mean going out of business. Even with a firewall and anti-virus program, these business are the most vulnerable to cyber attackers.

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5 Keys To Negotiating Your Fair Share Of Any Startup

Startup Professionals Musings

The next default of waiting until later is equally bad, since partners who bow out early will still expect an equal share of that first billion you make later. That way, if one of the partners disappears, or their role changes, a portion of the equity can be re-captured and reallocated to the other members. Now comes the reality check.

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