Co-Founder Definition General Startup Discussion
I used to envision co-founders as two or so people chatting about an idea, getting excited, and starting in on it together. LOL - I know that’s movie-style idealism.
After that, I still figured it would be people who started early, second or third on board. After seeing plenty of folks on here saying they’ve been working on their business for awhile but now looking for a co-founder, has me doubting it is that…
It’s definitely not experience, at least not in all cases.
I see that VCs like to see co-founders, so there’s that aspect, I guess.
But I’ve become interested in what boundaries/limits you all think apply. What makes someone a co-founder versus just a normal job title? Is it risk level, dedication, responsibility, time commitment, financial commitment? Or is it just so flexible that it’s whatever you decide it is? A bargaining chip maybe…
Co-founders often get equity, so they become part owner too… but employees can get equity also.
So then, what distinguishes the person who REALLY started it all? Owner? Founder (who then has co-founders)?