The hosts list company tasks beyond coding, including legal and financial administration, customer conversations, hiring, sales, fundraising, and support. Any founder can take them on, whether or not they can code.
Do Technical Founders Need Business Co-Founders?
Speaker
Host and Michael, Y Combinator speakers, discuss whether technical founders need a business co-founder.
Michael distinguishes being capable of a task from wanting to own it and do it well. The team needs someone who takes responsibility with energy rather than treating the work as beneath them.
For a technical product solving a problem the founders understand, a business co-founder may not be essential. The hosts point to NVIDIA, Google, Microsoft, Stripe, and Dropbox as examples of companies with technical founders.
A co-founder with relevant industry experience may help sell to customers such as lawyers or doctors. The hosts say this can be useful without being a requirement, and founders should not let the perceived need for a particular co-founder stall progress.
When investors say a team needs a business co-founder, they may be signaling concern about the founders' willingness to sell, talk to customers, or handle company operations. The hosts argue that the solution is to address the underlying gap, which could mean learning the work, hiring someone, or finding a teammate who wants to own it.
Takeaways
- Assign a founder to own sales, customer conversations, and company operations, regardless of their technical background.
- Assess co-founders by their appetite for essential work, not just their credentials.
- For a technical product, founders' direct understanding of the problem can make a business co-founder unnecessary.
- Industry expertise can help with sales, but it is not a universal requirement.
- Translate investor feedback about your team into specific gaps you can address.
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