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MS

Michael Seibel

08/17/19

@ Y Combinator

Not having transparent conversations with your co-founders can create resentment and degrade relationships, which is critical for startup success.

Video

YC

The Biggest Mistakes First-Time Founders Make - Michael Seibel

@ Y Combinator

The Biggest Mistakes First-Time Founders Make - Michael Seibel

08/17/19

Related Takeaways

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Jessica Livingston

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Cofounder relationships are critical to a startup's success, and cofounder disputes can significantly harm productivity and morale.

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In co-founder conflicts, it's essential to communicate openly, as most relationship issues stem from communication breakdowns.

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Having shared ideas and good communication among co-founders is vital for pushing a startup forward.

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Michael Seibel

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Co-founders who have never had hard conversations may face explosive disagreements when they finally do, highlighting the importance of prior relationship building.

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Harj Taggar

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It's crucial to have difficult conversations regularly to prevent stress and fractures in the co-founder relationship over time.

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Reid Hoffman

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Building trust with a co-founder involves having deep conversations about potential disagreements and establishing expectations upfront.

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The relationship dynamics between co-founders can significantly impact the startup's success, as they make countless decisions together.

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Self-abandonment in co-founder relationships can lead to burnout and unresolved issues, which ultimately harm the startup.