Want to learn the best business insights from remarkable speakers at Slush 2023, but don’t have the time to watch the full speeches on YouTube?
You’ve come to the right place. Below is a summary of a speech by Rina Onu Sirinoglu, co-founder and CEO of Spyke Games.
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<p class="h1-rich">🤏 TL;DR</p>
TL;DR: Co-founders play a crucial role in the success of a startup by allowing for division of work, providing emotional support, setting company culture, and reducing stress. When choosing a co-founder, consider shared history, values, work preferences, and skills such as expertise, trust, execution ability, and conflict resolution. To find a co-founder, look to previous working relationships, academic projects, shared interests, or networking events, and prioritize open communication and discussions about long-term goals and values. Action items include identifying long-term goals and motivations, assessing personal compatibility and skills, building trust and open communication, and prioritizing adaptability and execution ability.
<p class="h1-rich">✨ Summary</p>
The Importance of Co-Founder Relationships
- Co-founders play a crucial role in the success of a startup.
- Having a strong co-founding team allows for division of work and increased productivity.
- A supportive co-founder relationship provides emotional and mental support during the challenges of running a startup.
- Co-founders help set the culture of the company and attract and retain talent.
- Having multiple co-founders shares the responsibility and reduces stress on individuals.
- A strong co-founding team is an early indicator of success and helps in raising funding.
Choosing the Right Co-Founder
- Shared history and familiarity with potential co-founders can lead to a more successful partnership.
- Understanding the character, temperament, and motivations of potential co-founders is important.
- Agreeing on values, work preferences, and long-term goals is crucial.
- Skills to look for in a co-founder include expertise, trust, execution ability, and conflict resolution skills.
- Co-founders should be able to adapt and evolve as the company grows.
- Potential co-founders can be found through previous working relationships, academic projects, shared interests, or networking events.
- Structured time spent together, conflict resolution, and discussions about roles and responsibilities are important in the selection process.
- Open communication, discussing long-term goals and values, and understanding working styles and preferences are essential in finding the right co-founder.