[HN Gopher] Ask HN: How long did the honeymoon with your co-foun...
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       Ask HN: How long did the honeymoon with your co-founder last?
        
       We all know it's all smiles, good vibes and taps on the shoulders
       in the beginning. Some time later, reality kicks in and some folks
       sitting on the co-founder position start to reveal who they really
       are.  How long until you had a deception with your co-founder?
        
       Author : rodolphoarruda
       Score  : 20 points
       Date   : 2022-10-06 16:43 UTC (6 hours ago)
        
       | ohadron wrote:
       | I think that friction and clashes are inevitable even when your
       | co-founders are not assholes. No two people will agree on
       | everything. Usually when the going gets rough that's when you'll
       | uncover the differences. That's why I'd suggest:
       | 
       | - Make sure you have a good co-founder agreement that addresses
       | the tough points and doesn't assume best interests.
       | 
       | - Try building something and working together even before you're
       | committed to an investor or a client.
        
       | mtmail wrote:
       | I was lucky and no project started yet, just ideas. He's shown me
       | a company overview for his current freelance business to extend a
       | business loan from his bank. Financial forecast. He just needed
       | some feedback if it's well presented. There I saw he added me as
       | headcount ("hope you don't mind") but also way overpromised on
       | revenue of his existing projects, future client projects (not
       | even started in reality) and overdue invoices (where it was clear
       | the client would never pay). It was 80% smoke and mirrors. It was
       | then I decided I wouldn't work with him in the future. Sometime
       | later I heard he had to file for bankrupcy. A new startup
       | would've been disasterous in my opinion.
        
         | dnh44 wrote:
         | You've left out a key detail I think, which is did he get the
         | loan?
        
           | mtmail wrote:
           | Sorry, I thought that was clear. He didn't get the loan.
        
       | tiffanyh wrote:
       | Sales solves a lot of problems.
       | 
       | Things hit the fan, both personally and professionally, when
       | money in the bank begin to decline.
        
       | serjester wrote:
       | Personally I've been successfully working with my cofounder on
       | various businesses for 10+ years. Like any relationship in life,
       | it has its ups and downs.
       | 
       | If you're dealing with anything remotely resembling "deception"
       | you need to run for the hills - ethics should never be a concern.
       | Everything I've ever done has been (initially) over a handshake.
       | 
       | How do you find someone like this? I'm not sure. Having
       | overlapping fundamental values goes a long way. Looking inward
       | before blaming others is just as important.
        
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       (page generated 2022-10-06 23:02 UTC)