How to Find a Cofounder - Kat Manalac

Summary

Kat Manalac, a partner at Y Combinator, discusses the importance of finding a co-founder and shares insights on how to do so effectively. Here are the key points:

While it is possible to start a successful company as a solo founder, having a co-founder can be beneficial in terms of sharing tasks and the emotional burden.
Many top YC companies met their co-founders in school or at work, highlighting the value of existing relationships and shared experiences.
A well-balanced team that can both build and sell the product is crucial for success.
Y Combinator prefers teams that have a history of working together and have been working on the product from the start.
Even if a co-founder joined later, an even equity split is preferred to ensure equal investment and commitment.
Y Combinator believes that all co-founders should be ready to work hard for at least 8 to 10 years.
If a potential co-founder is not willing to offer equal equity, it may raise questions about their value to the team.
94% of the top YC companies have co-founders, and they typically meet at school or work.

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