Comments on: The Mis-understood Co-Founder. http://www.vijayanand.name/2008/12/the-mis-understood-co-founder/ Perspectives of an Entrepreneur from the Indian Startup Trenches. Wed, 25 Jan 2012 13:42:43 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Porush http://www.vijayanand.name/2008/12/the-mis-understood-co-founder/comment-page-1/#comment-1043 Porush Mon, 29 Dec 2008 04:31:39 +0000 http://vijaysblog.wordpress.com/2008/12/25/the-mis-understood-co-founder/#comment-1043 Hi vijay, You absolutely read my mind. I am looking for a co-founder/coder myself ... dont know how and when i will find one ! love the analogy of giving birth to a child together. I guess thats why we should not have more than two co-founders :P ..joking! Hi vijay,

You absolutely read my mind. I am looking for a co-founder/coder myself … dont know how and when i will find one !
love the analogy of giving birth to a child together. I guess thats why we should not have more than two co-founders :P ..joking!

]]> By: Rizwan http://www.vijayanand.name/2008/12/the-mis-understood-co-founder/comment-page-1/#comment-1042 Rizwan Fri, 26 Dec 2008 11:48:20 +0000 http://vijaysblog.wordpress.com/2008/12/25/the-mis-understood-co-founder/#comment-1042 Hi, I really like the article and would like to add to it. I have just joined SutraHR as a co-founder :) . A little insight, Waqar and I share the same ideas and am very much a part of the ideation process. I believe most people look for a co-founder to handle the parts they can't handle and that is where it screws up...I believe you should work with a guy who has a different way of looking at your ideas. You should be ready to listen out people who differ from you rather than stick to people who will only nod in confirmation. I am definitely pushing this article to friends, liked it a lot. Hi,

I really like the article and would like to add to it. I have just joined SutraHR as a co-founder :) .

A little insight, Waqar and I share the same ideas and am very much a part of the ideation process.

I believe most people look for a co-founder to handle the parts they can’t handle and that is where it screws up…I believe you should work with a guy who has a different way of looking at your ideas. You should be ready to listen out people who differ from you rather than stick to people who will only nod in confirmation.

I am definitely pushing this article to friends, liked it a lot.

]]> By: Sushrut http://www.vijayanand.name/2008/12/the-mis-understood-co-founder/comment-page-1/#comment-1041 Sushrut Fri, 26 Dec 2008 05:52:52 +0000 http://vijaysblog.wordpress.com/2008/12/25/the-mis-understood-co-founder/#comment-1041 Interesting point made Vijay. What I think is, generally you should have a team in place and then look for ideas. For example, typically you will *know* out of your friends/colleagues who will want to become part of your venture. Then you will know who fit the bill and bring something to table who other members of the team arent. Once you have such group of people, then you bounce ideas of each other. Evaluate them and take the plunge. I dont think its possible to find a 'co-founder' after you have already decided to startup and have done all the ideation etc. Interesting point made Vijay. What I think is, generally you should have a team in place and then look for ideas. For example, typically you will *know* out of your friends/colleagues who will want to become part of your venture. Then you will know who fit the bill and bring something to table who other members of the team arent.
Once you have such group of people, then you bounce ideas of each other. Evaluate them and take the plunge. I dont think its possible to find a ‘co-founder’ after you have already decided to startup and have done all the ideation etc.

]]> By: Saurabh http://www.vijayanand.name/2008/12/the-mis-understood-co-founder/comment-page-1/#comment-1040 Saurabh Fri, 26 Dec 2008 05:06:51 +0000 http://vijaysblog.wordpress.com/2008/12/25/the-mis-understood-co-founder/#comment-1040 Absolutely Vijay, this has happened to me on a personal Basis. I once met a guy, who had come for possible outsourcing of work, but ended up offering a "co-founder" role in the firm.As he was not from India, I was supposed to Manage the Operations in India, and he arranged for an Investor. Based on this there was something offered called "stake", which is an illusion and can be read as you do work and you wont get paid for it,but you hold a stake in the company,which you cannot avail.Now as you rightly said, I had serious problems in carrying out work as I already had my first startup on hand plus it had its own pressures because I was not only responsible for building a product but also for doing registrations, getting water, tea for the staff, training the hired fellows etc etc. 5 Months down the line i resigned from it and came out but was taken for a ride all along and was the misunderstood cofounder Absolutely Vijay, this has happened to me on a personal Basis. I once met a guy, who had come for possible outsourcing of work, but ended up offering a “co-founder” role in the firm.As he was not from India, I was supposed to Manage the Operations in India, and he arranged for an Investor. Based on this there was something offered called “stake”, which is an illusion and can be read as you do work and you wont get paid for it,but you hold a stake in the company,which you cannot avail.Now as you rightly said, I had serious problems in carrying out work as I already had my first startup on hand plus it had its own pressures because I was not only responsible for building a product but also for doing registrations, getting water, tea for the staff, training the hired fellows etc etc. 5 Months down the line i resigned from it and came out but was taken for a ride all along and was the misunderstood cofounder

]]> By: Abishek Goda http://www.vijayanand.name/2008/12/the-mis-understood-co-founder/comment-page-1/#comment-1039 Abishek Goda Fri, 26 Dec 2008 04:40:42 +0000 http://vijaysblog.wordpress.com/2008/12/25/the-mis-understood-co-founder/#comment-1039 I know someone who needs to be reading this. I do not have enough understanding to tell him that he might not need a co-founder. Maybe this will set him right.. I know someone who needs to be reading this. I do not have enough understanding to tell him that he might not need a co-founder. Maybe this will set him right..

]]> By: Siddhi http://www.vijayanand.name/2008/12/the-mis-understood-co-founder/comment-page-1/#comment-1038 Siddhi Fri, 26 Dec 2008 03:09:02 +0000 http://vijaysblog.wordpress.com/2008/12/25/the-mis-understood-co-founder/#comment-1038 I've noticed this as well. Generally the reason people say 'co-founder' is that the person will only be given stock and not paid any cash. Sometimes people come to me and ask me to develop something and say that we cant pay you but we'll make you a co-founder! IMHO you can be a co-founder only if you have equal say in the direction that the company takes. Otherwise you are only an unpaid employee/contractor. I’ve noticed this as well. Generally the reason people say ‘co-founder’ is that the person will only be given stock and not paid any cash. Sometimes people come to me and ask me to develop something and say that we cant pay you but we’ll make you a co-founder! IMHO you can be a co-founder only if you have equal say in the direction that the company takes. Otherwise you are only an unpaid employee/contractor.

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