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Tell HN: YC will help you find a co-founder

433 pointsby kcorbittalmost 4 years ago
Hey HN, I’m Kyle Corbitt, and I work on Startup School (<a href="https:&#x2F;&#x2F;www.startupschool.org&#x2F;" rel="nofollow">https:&#x2F;&#x2F;www.startupschool.org&#x2F;</a>), YC’s free program to help people learn how to start a startup. Today we’re launching a new major feature: co-founder matching (<a href="https:&#x2F;&#x2F;www.startupschool.org&#x2F;cofounder-matching" rel="nofollow">https:&#x2F;&#x2F;www.startupschool.org&#x2F;cofounder-matching</a>). Interested founders can create a profile, input their requirements (location, time commitment, skills, etc) and quickly review screened candidates. We don’t charge for this or take any equity in the teams formed.<p>Founders face lots of hard problems at the earliest stages—building an MVP, finding users, finding investors—but finding a co-founder can be uniquely difficult. Even if you have a strong network, your friends may not be startup-oriented, and the ones who are may not be available on the same schedule you are [1]. And if you don’t have a strong existing network, the search is even harder.<p>Of course, you don’t <i>need</i> a co-founder to start a company. Many successful startups have started without one, including 4 of the top 100 YC companies. YC does fund solo founders—over 10% of companies in recent batches. But starting a startup is hard, to put it mildly. For most founders, we recommend finding someone to work with and share that burden.<p>YC’s advice has historically been to find a co-founder through your existing network. That’s still good advice—co-founder relationships with someone you’ve known and worked with for years will have a lower attrition rate than a relationship with someone you just met on the internet. (At least one would expect so! We’re going to track data on this.) But for many members of the Startup School community, that isn’t an option. As the internet has increased access to information about startups, we’re seeing lots of new founders who live outside traditional startup hubs (or college towns) and&#x2F;or don’t have a deep existing network to plumb.<p>The difficulty new founders face in finding a co-founder is reflected in the data. Of over 100,000 active founders in Startup School, 20% say they’re still looking for a co-founder. Of 60,000 aspiring founders who haven’t started a company yet, about a third mention “I haven’t found the right co-founder” as a reason they haven’t started (second only to “I’m not sure what to work on”).<p>Since Startup School is too large for us to be able to work with founders individually the way we do in YC’s core program, we rely heavily on software and especially on building systems to help community members support each other. Building a marketplace to help find a co-founder felt like a natural next step. We&#x27;re hoping that a dedicated marketplace will be more effective than the alternatives many founders resort to right now, like trawling Twitter and LinkedIn. Since everyone using the service is actively looking for a co-founder right now, the hit rate should be higher. We’ve added the kinds of filters most relevant to co-founding (time commitment, location&#x2F;timezone, division of responsibilities, etc). Finally, we took inspiration from modern dating apps to make the experience as seamless as possible and let founders review hundreds of potential matches quickly. To the extent that finding a co-founder is a numbers game, we want to make it as easy as possible to review many profiles quickly.<p>We soft-launched this product to the Startup School community in January, and so far have facilitated over 9000 initial matches among 4500 founders. Many of those matches have gone on to work together on trial projects and even form startups. Two of those startups have made it into the latest YC Core batch (S21). We’re hoping that there will be many more over time!<p>You can find out more and sign up at <a href="https:&#x2F;&#x2F;www.startupschool.org&#x2F;cofounder-matching" rel="nofollow">https:&#x2F;&#x2F;www.startupschool.org&#x2F;cofounder-matching</a>. This is still the beginning and I expect we’ll be learning and changing a lot as we go, but I’m excited to share this tool with you all. I’d also love to hear from all of you on what has (or hasn’t) worked for finding a co-founder, since I know many of you have gone though this exact process!<p>[1] Timing may be one reason why it’s easier for university students to find potential co-founders: everyone finishes class at the same time, so it’s easy to all agree to try a startup for the summer.

35 comments

shawndrostalmost 4 years ago
I have a tip on finding a cofounder. I&#x27;ve been looking for the last 12 months and I tried a lot of things, but the thing that worked best is this:<p>Post a job ad.<p>That&#x27;s it. My ad sounded like a normal job in every way, with a title like &quot;Director of X&quot;. A couple of specific notes: 1) the first line said &quot;cofounder&quot; in it somewhere, and 2) it specified &quot;part-time to full-time, heavy on equity compensation&quot; somewhere else.<p>The result: Lots of inappropriate candidates applied. But also, my 2 job posts resulted in three extremely excellent team members: a equity-only cofounder, a mostly-equity cofounder&#x2F;early hire, and an amazing advisor. I have been working with these folks for months and they are very solid.<p>I also recommend my vetting process: just like a job. That is, I did a phone screen, a multi-hour interview, a little take-home, and I winnowed down the candidates at each stage. With the chosen few, I kicked off a &quot;let&#x27;s do this&quot; conversation. My pitch was, &quot;I know it&#x27;s ridiculous, but let&#x27;s get business married, we&#x27;ll set up an offsite and start working together full-time... and, if we really need to, we&#x27;ll get an annulment&quot;. That&#x27;s what vesting is for!<p>Hope that helps :)
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halfmatthalfcatalmost 4 years ago
I&#x27;ve been working on a startup for <i>years</i>, like the better part of a decade and finding cofounders is like planning where lightning will strike; unless you&#x27;re already in the right place, it&#x27;s almost impossible.<p>I&#x27;ve tried things like cofounderslab, cold messaging through social DMs and working my network but there&#x27;s such a small cohort of people who (1) find value in working at a startup, (2) are willing to take equity in the beginning without being paid and (3) believe in your idea enough to want to work hard.<p>I&#x27;ve had to learn how to scale myself into different roles (outside of engineering) to keep going, but it really is an exercise in testing your limits: mentally, physically, emotionally, socially...<p>I hope this is something that actually <i>works</i>.<p>edit: Just to give more context, I have had people who I trusted and who initially signed on to help, but they fell out somewhat quickly due to one of the three things I mentioned above. Most people don&#x27;t understand how much work goes into actually making a startup happen and flame out pretty quickly...alas...
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throwaway1556almost 4 years ago
Having tried to get a project away for 2 months (and failed so far)<p>It seems like there are a lot of potential CEOs out there with ideas looking for a CTO to do the heavy lifting -- and the VCs are all over them -- met multiple in last few weeks with nothing more than an idea<p>As an engineer, with a vast piece of prototype tech funded myself up to this point, and no CEO -- because I don&#x27;t really want a CEO right now, just some additional R&amp;D funding to clean things up to start that commercialising process -- but VCs don&#x27;t appear to want to hear that<p>Ex-meme company founder CEOs good, heavy tech R&amp;D without that bad<p>You have to wonder how much deep tech is out there looking for home right now -- that can&#x27;t get an investor audience without complying with the narrow criteria VCs are putting in place -- 90%+ won&#x27;t even talk to you if you&#x27;ve not been personally referred
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personjerryalmost 4 years ago
I&#x27;ve been using this since February-ish.<p>Talked to maybe 20-30 people through the platform.<p>Joined one startup as cofounder. Worked together for two months, then left. My cofounder was smart, had high EQ, and I enjoyed working with them, but we had different visions and parted amicably.<p>My thoughts:<p>- Early on, there was a smaller pool of people, but they were of higher quality. I feel the quality of people has diminished over time. YMMV.<p>- It was interesting just to have talks with the high quality people and expand my network. This kinda segued me into Lunchclub, but I&#x27;ve since stopped both. Depending on who you are, you might get burnt out with these &quot;social&quot; calls after a while.<p>- As a technical person, I had a lot of business-y people reach out, most of which I didn&#x27;t end up responding to. There&#x27;s plenty of candidates, just like dating on Tinder. I get to choose to work with the really nice and productive people that I like.<p>- BIGGEST PROBLEM: Unfortunately, it suffers the same problem as every other cofounder matching program. There&#x27;s no system or formula to really dig deep and see if you&#x27;re compatible on all the levels you need to be. This means it can be a big time and energy drain, from the initial meets, to the dating process, to even cofounder work.<p>If you do use this, some tips:<p>- Being short and sweet with your profile. Burying the fact that you&#x27;re a high school student in 5 paragraphs of text won&#x27;t make it more likely for me to work with you, and I probably won&#x27;t even read it.<p>- Add a photo. You&#x27;re going to be working with a human, not a robot.<p>- Your cofounder courting process is something you&#x27;ll have to develop and figure out what you&#x27;re looking for. Take your time and think about it.
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Lyn_layercialmost 4 years ago
YC founder here from S20 here.<p>The co-founder search is difficult if you have nothing interesting to say and if you aren&#x27;t prepared to make the jump.<p>After my personal journey for 2 startups, (both venture backed and non-venture backed), I find it&#x27;s important to: 1. have at least 2 years of personal savings ready 2. know what things you&#x27;re exceptional at doing and what things you really suck at 3. be ready to bare all in terms of personal&#x2F;biz life goals and transparency with your co-founder 4. proactively go to places where you and your co-founder would both enjoy doing (hackathons, startup events, conferences, online forums about startups, etc.) 5. have a &quot;trial&quot; period, where you make things together or work on the startup together with set milestones in mind 6. be ready to challenge a co-founder&#x27;s ideas, be weary of people who agree with you 100% of the time 7. Not everyone has to be the &quot;visionary&quot; founder, some people are looking to join an existing idea and that&#x27;s equally as important
hardwaregeekalmost 4 years ago
What I want from a co-founder is: Smart, good chemistry, available. With most people I get 1-2 of these.<p>Also, we talk a lot about how it&#x27;s hard to assess the quality of technical co-founders, but it&#x27;s also really hard to assess the quality of non-technical co-founders. I&#x27;d love to collaborate with a non-technical person, but I have no way to determine whether a person is good at the skills which I lack. Maybe it&#x27;s my tech chauvinism showing but there seems to be a lot of non-technical people who want esssentially a get-rich-quick scheme.
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mmastracalmost 4 years ago
The &quot;who&#x27;s looking for a co-founder&quot; thread today was pretty great as an alternative. I hope that tradition continues.<p><a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=27748680" rel="nofollow">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=27748680</a>
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dheeraalmost 4 years ago
I&#x27;m very curious what the success rate of startups are of people who meet via platforms like this, in comparison to co-founders who have worked together before and have a history of knowing each other.<p>This is a rather interesting shift, since in the past YC themselves advocated against co-founding with someone you don&#x27;t know well.
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jce763548almost 4 years ago
I&#x27;ve been on the platform since March, I&#x27;ve done five cofounder trials, and I can say I&#x27;ve met some really interesting and talented folks through it.<p>The challenges I&#x27;ve seen have mostly to do with the motivations of the cofounders and the process that everyone (including myself) tends to follow in the beginning.<p>I wrote about my experiences here: <a href="https:&#x2F;&#x2F;johnchildseddy.medium.com&#x2F;why-a-day-zero-start-is-important-f40f19c3acd9" rel="nofollow">https:&#x2F;&#x2F;johnchildseddy.medium.com&#x2F;why-a-day-zero-start-is-im...</a>
yumrajalmost 4 years ago
I believe this and other such initiatives are inevitable as in-person working and meeting, such as meetups, have taken a back seat due to Covid and it has become harder to find cofounders in-person. I believe this is a reaction to some trends that YC must have started seeing lately.<p>It’d be interesting to see the long term effect of Covid on startup culture, in particular founding of startups and subsequently success rate of startups founded by remote-only cofounders which may have never met in person.
atlasunshruggedalmost 4 years ago
I&#x27;m a nontechnical person and I&#x27;ve always struggled with pairing up with the right cofounder. It&#x27;s quite hard to team up with someone who has similar interests and is ready to go full time on something when you are from your existing network. I&#x27;ve been using the platform for a month or two and have had some great matches already; ironically the two people I&#x27;ve been working with most closely (working with one another for a few months to see if we gel) did end up coming from my network but I still am active on the platform and highly recommend it to folks who are searching for a cofounder. I was a little hesitant at first because I figured best practice was to work with someone you had a pre-existing relationship with, otherwise the potential for a bad breakup down the line would be higher or accelerators&#x2F;vc&#x27;s would judge you but candidly, I&#x27;m a lot less worried about that now given the quality of the matches and that a leader in the space like YC is championing this.
locengalmost 4 years ago
Is it structured to list only seeking single or multiple co-founders?<p>I see a technical question ask. May it be worthwhile to also ask specifically if someone&#x27;s UX&#x2F;UI designer or other design experience?
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_448almost 4 years ago
What I miss is the good old days of IRC. There the meeting of like-minded folks use to happen gradually. People use to come to know who is who and what their capabilities are. And that built friendships. People discussed projects, problems they are facing with the project, ideas etc. That magic is missing in most of the co-founder dating platforms.
codegeekalmost 4 years ago
I hope this allows people who are solo founders and established but looking for a partner who can become a co-founder. I have grown my bootstrapped SAAS for almost 7 years and really need good Sales&#x2F;Marketing partners&#x2F;co-founders to take it to next level. I am willing to offer Pay with equity but not sure where to go.
swmanalmost 4 years ago
What&#x27;s the best time to find a co founder, and also how does the equity part work?<p>For example, I&#x27;ve been spending the last 6 months learning as much as I can about business around an idea I&#x27;ve had. That&#x27;s involved creating marketing materials, building surveys and gathering user feedback, putting together TOS &amp; privacy policy, attending small business courses to learn accounting basics, learning figma and spending hours watching YT videos or perusing dribbble to come up with inspiration for my own design, and since I&#x27;m an engineer by profession - building the thing so I can run the progress by some of the survey&#x2F;feedback group.<p>Obviously I&#x27;m still a beginner, so I&#x27;m just curious if anyone would mind answer a noob :D
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cwkossalmost 4 years ago
&quot;Welcome to the Forum&quot; post is a dead link, goes to a 404.<p><a href="https:&#x2F;&#x2F;www.startupschool.org&#x2F;posts&#x2F;35214" rel="nofollow">https:&#x2F;&#x2F;www.startupschool.org&#x2F;posts&#x2F;35214</a>
transitivebsalmost 4 years ago
<a href="https:&#x2F;&#x2F;transitivebullsh.it&#x2F;a-guide-to-finding-awesome-co-founders" rel="nofollow">https:&#x2F;&#x2F;transitivebullsh.it&#x2F;a-guide-to-finding-awesome-co-fo...</a>
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shp0nglealmost 4 years ago
Like Tinder, but for Silicon Valley?
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ted0_2021almost 4 years ago
I&#x27;ve signed up! This is pretty great for people like me who don&#x27;t even have potential co-founders to talk to in real life.<p>I am technical and I am looking for another _technical_ co-founder. Is this pairing unusual? The most talked about pairing seems to be non-technical and technical.
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breckalmost 4 years ago
This is a really big deal. My only concern is that you won’t see massive results until 4-10 years and so the effort might be abandoned or scaled back before then. I could see this being world changing, but not for years, and in the interim may seem like a blip. Any thoughts?
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avmichalmost 4 years ago
The page at <a href="https:&#x2F;&#x2F;www.startupschool.org&#x2F;cofounder-matching" rel="nofollow">https:&#x2F;&#x2F;www.startupschool.org&#x2F;cofounder-matching</a> doesn&#x27;t work for me - whatever I enter in &quot;Location&quot; field fails the check at saving.<p>Can you look into it?
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l7lalmost 4 years ago
If you want to further evaluate the team composition, I developed a free tool that asks the thought questions and uncovers the topics nobody wants to talk about. <a href="https:&#x2F;&#x2F;aligna.team" rel="nofollow">https:&#x2F;&#x2F;aligna.team</a>
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anitilalmost 4 years ago
Does anyone know something equivalent in Australia (preferably Sydney)?<p>I&#x27;m not sure if I&#x27;m constitutionally built for running a startup but given that I&#x27;ve worked at a few and have lived through the craziness without much of the upside, perhaps I am.
bayonlearashialmost 4 years ago
This is a very encouraging post and a huge way to help some of us that have this challenge for real. I want to say thank you for doing something about it and I am going to give the product a test now hoping to be lucky.
prongs94almost 4 years ago
Does anyone else feel this is more like founding team recruitment platform for founders than a co-founder match? Is this normal?
jdcaronalmost 4 years ago
I feel like sharing my experience I had with the YC Startup School program might be appreciated by some of you. I joined the program when it was first announced. It means I followed the program and I joined the soft-launched cofounder matching platform. I mostly have positive things to say about the startup school program, the curriculum is fair to the reality of starting a company. It doesn’t try to upsell you on doing it. It’s also covering the most important topics of starting an organization &#x2F; project.<p>I had a less positive experience with the cofounder matching platform. I am trying to be as objective as possible here, the odds of matching two “ready” humans to work in harmony on an extremely difficult project are extremely low. The numbers are brutally honest here with 4500 matches and only two startups (.0004%) enrolling for the YC Core batch. Yes, that’s three zeros. So many fishes but so few working matches. My biggest grip against the platform was that barely anybody respect the hard requirements. I had very few but one was very important to me, the other co-founder had to be also technical. I received a flood of non-technical cofounder asking for a match. I felt pretty bad about leaving these folks unanswered, so I put the time to create a generic and respectful email to explain why I am set to match with a technical cofounder only.<p>It’s also mind blowing how many co-founders are already set on their ideas already. I consider myself quite flexible by bringing 5 potential ideas I would like to work on. I think I am also flexible in a way that I am also open to work on somebody else idea, as long as I would want it for myself. I matched with so many future cofounders that were already in a mindset that their project was the thing that they could not see themselves not working on it. I might be wrong but from my experience their progress as a company was almost nil (landing page with no clients). While most of the ideas weren’t ground breaking. So, prepare yourself to spend a lot of time on figuring out if something has any potential or not. It’s a bit hard on the morale to decline so many humans. I gave my 100% to do it as well as I could. Oh, and I won’t go too deep either into that subject but a lot of co-founders are in for either the fame or the money, not really my style either. Money is required down the line but it shouldn’t be the main target. Once again, prepare yourself to decline a lot of people if your profile attracts a lot of attention but it doesn’t match what you are looking for.<p>All in all, kudos to the team at YC. What they are doing is extremely hard and they did a great job. The complains about matchmaking being extremely hard is similar to stating that water is wet.<p>Oh and funky observation. When an organization like YC is building their own social network from scratch, it shows that in 2021 there is still no trustable social network platform to build upon.
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cweillalmost 4 years ago
One of the big names in Sillicon Valley (maybe Garry Tan?) that you need three things in a cofounder:<p>1. Intelligence 2. Work ethic 3. High Integrity<p>While the first two can easily be judged, the last one is extremely tough to identify, and generally requires some incident in the company to reveal the integrities of the co-founders. Any suggestions how to identify high integrity early on?
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launchiteratealmost 4 years ago
Find someone your values match with and hopefully you have a good history with.
montenegrohugoalmost 4 years ago
&gt; To date, we’ve made 9,000 matches across 4,500 founders.<p>How does the math work out there?
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soheilalmost 4 years ago
Interesting that this is something that only just now YC is tackling.
NickNaraghialmost 4 years ago
This is incredibly exciting!<p>However, as someone who has been asked my many founders for help finding a co-founder, there are some yellow flags going off for me.<p>Beyond trial projects, how does this initiative seek to build trust and values-alignment between new co-founder matches?
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cratermoonalmost 4 years ago
&quot;I&#x27;m from YC and I&#x27;m here to help you&quot;
satya71almost 4 years ago
Hmm. YC went from you must grow up with your cofounder or you’ll fail to we’ll match with random one?<p>Edit: I actually think this is the right move. One hast to find people outside one&#x27;s immediate network. Otherwise there would only be very few founders.
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SMAAARTalmost 4 years ago
Commenting so that I can come back to this later.
bloniacalmost 4 years ago
I tried to sign up for this as a technical co founder and it was long winded and painful to “apply”.<p>I don’t know why I had to “apply” to offer to be a technical cofounder.<p>After all this they “rejected” me. How can you be rejected from offering to be a technical cofounder?<p>What a waste of time.<p>I don’t recommend startup school as a way to find a cofounder especially if you’re technical.
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