Back
Arslan
Business owner | Bus... • 6m
The Betrayal by Co-founder Catastrophe A lot of times here I have seen posts that cofounder has quit, copied the idea or cheated on you. In the thrilling chaos of a startup's birth, an entrepreneur seeks not just capital—but a co-founder, a comrade-in-arms. But beware: not every handshake is honorable. Behind the smiles can lurk betrayal, ambition cloaked in loyalty. Preventive Measures: 1. Due Diligence – Vet like a VC. Background checks aren’t paranoia; they’re protection. 2. Shared Vision – Align your 'why' before chasing the 'what.' Misaligned dreams breed future war 3. Legal Armor – Draft a founders' agreement. Vest equity. Trust is noble—contracts are survival 4. Test the Waters – Start small. Collaborate before co-founding like make MVP together. Time reveals true colors. 5. Cap Table Clarity – Define roles, responsibilities, and exit plans early 🚩flag: Most cofounder come in for perks like equity, fame and money only. Test them. avoid them. Trust—but build a fortress
Replies (8)
More like this
Recommendations from Medial
Arslan
Business owner | Bus... • 1y
How to Find the Right Cofounder for Your Startup A cofounder isn’t just a partner; they’re someone who will share your highest highs, lowest lows, and sleepless nights. But how do you find ? 1. Define Your Non-Negotiables First Clarify what you nee
See More
/entrackr/media/post_attachments/wp-content/uploads/2021/08/Accel-1.jpg)
Download the medial app to read full posts, comements and news.