co-founder

also referred to as: co-founders

10 statements across 9 episodes · 2 bullish · 6 bearish · 6 people on the record · first statement Jun 9, 2016 by Nathan Latka · across every show →

Everything said about co-founder, oldest first

Jun 9, 2016 negative
Opinion
Latka: Equal 50/50 founder equity splits are lazy cop-outs
“I think it's just like, sometimes I hear like two co-founders, they say, oh, we just split it fifty-fifty. And the first thing I hear is, oh, they're not tough enough to have the hard conversations about who's actually going to put in more energy. So they just…”
Nathan Latka Jun 9, 2016 ▶ 7:07 He Quit Google To Invent Smart Way to Recruit, Doing Around $50k/mo in Sales, EP 272: Troy Sultan
Jun 13, 2016 negative
Insight
Founders should avoid splitting startup equity evenly, says Semin
“No, I don't think it's a good idea to split it evenly, to be honest.”
Ilya Semin Jun 13, 2016 ▶ 15:28 EP 324: CEO of Datanyze Shares $6m Revenue Number
Jul 4, 2016 positive
Insight
Nussenbaum: Co-founder equity shouldn't be measured by individual contributions
“I don't feel that the equity split should necessarily be like, oh, you look at exactly what each of us is bringing to the table and then we measure it out exactly right. Like number one, you, this is going to be like a long journey and you can't always predict…”
Max Nussenbaum Jul 4, 2016 ▶ 21:59 EP 345: Replacing Property Managers With $79 Flat Fee, $31k in MRR with Max Nussenbaum of EnterCastle.com
Jul 4, 2016 negative
Opinion
Latka: Equal equity splits show founders lack courage for tough conversations
“When I hear a founder go like we split at 50 50, all I think is, okay, so you don't have the balls to have the tough conversation with your co-founder about who actually is going to, you know, what you're actually bringing to the table because very rarely is i…”
Nathan Latka Jul 4, 2016 ▶ 21:45 EP 345: Replacing Property Managers With $79 Flat Fee, $31k in MRR with Max Nussenbaum of EnterCastle.com
Sep 10, 2016 positive
Insight
Mathilde Collin: Co-founders should split equity equally to prevent frustration
“And so I would recommend that to every founder, even the one that maybe will join a few months after. If you look at the beginning of the company, it seems like it makes a difference. Maybe someone is investing a little bit more money, more time is joining a b…”
Mathilde Collin Sep 10, 2016 ▶ 11:27 EP 413: SaaS, $242k MRR, $13 Million Raised to Re-Invent Business Email with Mathilde Collin of FrontApp
Sep 12, 2016 negative
Insight
Semin: Startup co-founders should not split equity 50-50
“I don't think it's a good idea to split evenly, to be honest.”
Ilya Semin Sep 12, 2016 ▶ 14:00 Datanyze $500k MRR, 500 Customers
Feb 17, 2019 neutral
Assertion Not checkable as stated
Kolysh: Zinc's co-founder was a major arbitrage seller in high school
“My co-founder was actually one of the biggest arbitrage sellers when he was in high school and that's kind of where part of the origins of zinc came from.”
Max Kolysh Feb 17, 2019 ▶ 4:48 1303 Ebay to Amazon Dropshipping Arbitrage CEO Makes $5.4M
Sep 24, 2021 neutral
Disclosure
Compliable co-founders collectively own about 15% equity in the company
“So we haven't allocated the full employee options and the co-founders together have about 15 between them right now.”
Chris Ultian Sep 24, 2021 ▶ 14:19 They Help Companies like Fan Duel Stay Compliant, Raising $3m on $150k of ARR
Apr 24, 2022 negative
Insight
Latka: 50/50 founder equity splits signal poor communication and conflict avoidance
“Anytime I see someone split fifty-fifty, I go, you probably don't have great communication with your co-founder. You avoided the conversation basically is what happened.”
Nathan Latka Apr 24, 2022 ▶ 5:23 Bank Calculator App Hits $400k ARR, Hit $7m Cap
Jun 19, 2022 negative
Insight
Latka: Splitting co-founder equity equally is lazy
“Just splitting equity equally is rarely the right answer. It's lazy. It just means you didn't have tough conversations.”
Nathan Latka Jun 19, 2022 ▶ 11:30 Pay per car scan model generates $30k MRR helping Insurers decrease fraud
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