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Michael Seibel

08/16/24

@ Y Combinator

Your co-founders should be essential to the founding team, representing the smallest number of people needed to build a minimum viable product (MVP), and be generous with equity to motivate co-founders and ensure essential team members remain engaged.

Video

Co-Founder Equity Mistakes to Avoid | Startup School

@ Y Combinator

Co-Founder Equity Mistakes to Avoid | Startup School

08/16/24

Related Takeaways

Michael Seibel

08/16/24

@ Y Combinator

Being generous with co-founder equity is crucial because co-founders provide the initial energy and activation needed for the company to succeed, especially in the early years.

Michael Seibel

08/16/24

@ Y Combinator

The first four to six years of a tech startup are critical for value creation, and even if one founder stays longer, it's important to share equity generously with co-founders who contributed to the startup's early success.

Harj Taggar

09/27/24

@ Y Combinator

The most successful startups in history had co-founding teams, and it's important to have someone who is all in on the startup journey with you.

Kat Mañalac

05/24/19

@ Y Combinator

Ideally, co-founders should have developed the idea together and worked on building the product from the start, but even if one co-founder joined later, an even equity split is still preferred.

Harj Taggar

03/26/21

@ Y Combinator

Finding a co-founder is essential because it allows you to share the workload and responsibilities of building a startup.

Michael Seibel

08/16/24

@ Y Combinator

Be generous with co-founder equity to motivate your founding team during the challenging early years of a startup.

Y Combinator Cast

07/13/24

@ Y Combinator

It's essential for founders to launch early with a minimal viable product (MVP) because the downside is low, and it allows for adjustments as the company grows.

Matthew Prince

10/15/14

@ Y Combinator

It's important to have co-founders who cover different skill sets and trust each other, as this foundation is crucial for navigating the challenges of building a startup.

Sam Altman

03/18/17

@ Y Combinator

It's better to have no co-founder than a bad one; many successful startups have thrived with just the founders in the early stages, emphasizing the importance of careful selection.