HOTB Software Solutions
HOTB is a highly experienced software development company that provides in-kind angel capital to startup entrepreneurs with a viable technology based business. HOTB helps startups bridge the gap between their friends and family round and their venture capital round by subsidizing expensive technology needs. HOTB specializes in building custom software platforms to provide certainty of execution, experience, credibility, security and compliance. Additionally, HOTB Ventures has been formed for instances of passive investment when software development is not needed.

Manatt
Manatt, Phelps & Phillips, LLP is known for quality, for extraordinary commitment to clients, for integrated, relationship-based services, and for a range of capabilities typically found only in boutique firms. We are progressive and entrepreneurial compared to other major firms, and we are deeply committed to diversity, to public service, to involvement in the communities we serve and to excellence in all we do.

TriNet
Tech companies partner with TriNet Passport to compete for top talent by using our bundled HR products that cover the core services of payroll, fortune 100 benefits, risk and compliance, a scalable HR team all on a cloud platform. TriNet reduces the time businesses spend managing HR and administrative issues while providing enterprise-grade cloud capabilities. This enables entrepreneurs and management to focus on what’s important from raising funds to driving revenue. Join hundreds of executives in high tech who have experienced the TriNet Passport difference, working for companies in hardware, software, SaaS and telecommunications. Contact choy.chew@trinet.com for more information.

Eureka
The Eureka Building is a 3-acre technology campus in Irvine, California designed to help accelerate innovation. Founded in 2014 by Peter Polydor, our goal is to support local entrepreneurship by giving innovative companies and entrepreneurs in Orange County a home that is centrally located and easy to access. Through partnerships we are more than just a home, but are a support network hosting startup events while fostering mentorship relationships with our partners all within one of the most creative spaces in the region.

CrashLabs
CRASHLABS IS A VIBRANT COWORKING AND EVENTS COMMUNITY THAT ENHANCES WORK/LIFE BALANCE FOR THE NEW ECONOMY OF UNTETHERED WORKERS. CRASHLABS OFFERS CREATIVE AND FLEXIBLE SPACES SUCH AS OPEN DESKS, DEDICATED DESKS, PRIVATE OFFICES, AND EVENTS SPACE THAT SERVE EVERYONE FROM THE INDIVIDUAL TO CORPORATIONS.

Real Office Centers
At ROC you’ll find a cohesive and progressive working environment with professional support for entrepreneurs, innovators, and today’s leaders. Beyond merely providing the physical workspace, we contribute to your capital growth by facilitating innovation, inspiration, and collaboration. With professional support services, educational events, and a stimulating environment, ROC is where you and your company will grow. Our open-source work environment and friendly staff complete with private receptionists keep business running smoothly. ROC handles day-to-day operations and facility management so your company can focus on what it does best.

How to Find a Co-Founder for Your Startup, by George Deeb

Posted by Jonathan Greechan on 2014-01-13

Founder Insight gives you feedback from the startup trenches.

In this post from his blog, George Deeb, Managing Partner at Red Rocket Ventures and Chicago Founder Institute mentor, outlines steps for how to find the best co-founder for your startup. Deeb says, "as you should when making any new hire, make sure you have thoroughly done your homework on a candidate before "jumping in bed" with them."

Below, How to Find a Co-Founder for Your Startup has been republished;

 

Lesson #156: How to Find a Co-Founder for Your Startup

"Often times, a startup entrepreneur has a good business idea, but doesn't know how to build the product. Or, the entrepreneur has deep technology skills, but is lacking in business skills.  In many cases, these entrepreneurs are on the hunt for co-founders to help them build their businesses.  The problem is, they often don't know how to start the process or where best to look.  Hopefully, this lesson will point you in the right direction.

The first thing you need to do is scope your needs.  Make sure you are perfectly clear on what skillsets will be most needed for the success of the business, and best fill a hole in your own resume and desired management team.  Back in Lesson #83, we talked about the various roles and responsibilities within a startup's management team, so figure out what role your desired co-founder can fill.  For example, you don't need five technologists in the senior team, all bringing the same skillsets.  Marry technology skills with marketing or finance or operating skills for an effective blending of complementary skillsets.

Once the role is identified, now you need to find the right type of person to fill that role.  Back in Lesson #27, we talked about how VC's define a backable management team.  It is those kind of attributes that make an ideal candidate, especially if you plan on raising outside capital.  Things like the candidate's past-start experience, industry expertise, intelligence, credibility, passion/energy, communication skills, personality fit, etc. should all be considered.

Now that we know "what" we need and "who" we need, we need to know "where" to find them.  To me, everything starts with my personal network.  Who do I know has a rolodex of people that could fit this role?  Somebody that I trust who can personally vouch for this person.  This would include people in your desired industry, people with the desired skillset or other people in the startup ecosystem (e.g., recruiters, venture capitalists, lawyers, accountants, consultants, entrepreneurs) who may know of logical candidates for your pursue.

If you don't know anyone in your own personal network (1st degree connections), try to find the same type of people in your 2nd degree connections.  Hopefully, someone you know can make an introduction for you, and help vouch for you and your idea with the 2nd degree connection, in order to get them to trust you and invest their time in helping you.

If your connections do not work, you have no choice but to find a stranger as a co-founder.  You can find them on startup networking websites (like BuiltInChicago.org).  You can find them at startup networking events (like Technori Pitch or Techweek).  You find them walking the halls of shared startup co-working facilities (like 1871 or TechNexus).  There are even websites and events specifically designed around matchmaking co-founders for startups (like Startup Weekend, TechCofounder, CofoundersLab and Founder2Be).

The last category to consider looking for a co-founder is to hire a recruiter or place a job posting on the logical job boards.  Websites like LinkedIn, Monster.com, CareerBuilder or CraigsList.  Or, better yet, niche job boards, like Dice for technical hires, as an example.  And, remember, in addition to soliciting inbound resumes from sites like these, try to cherry pick logical candidates by directly reaching out to them.  For example, if you are building a travel website and need a strong digital marketer, try to identify logical candidates from Expedia, Orbitz or Priceline via LinkedIn.  Perhaps they are bored in their current role, looking for a new project to excite them.  Or, they may know people who are looking.

But, as you should when making any new hire, make sure you have thoroughly done your homework on a candidate before "jumping in bed" with them."

For more startup insights from George, check out more from the Red Rocket Blog and follow him on Twitter @GeorgeDeeb.

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How to Find a Co-Founder for Your Startup, by George Deeb

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