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  • Writer's pictureArnoldas Nauseda

Why we won't invest if your company doesn't have a technical co-founder

Today we’ll talk about different options for making the tech side of your project done like finding a technical cofounder, contractor developers, or a technical partner. Looking for a startup partner may take some time, but we’ll try to help you with this challenge. So, how to find a technical cofounder and what other options are available? Let’s figure this out!

You have a great startup idea, you believe in this idea, you live this idea. You are willing to start asap and create something new that will change the world! And even more than to make your idea real you want to find someone who will believe in this idea as much as you do.. and together you will conquer the world.

Recognize yourself? I bet you do!

But the great idea isn’t enough for a startup to become successful. You can have a $1,000,000 idea, a perfect business plan, investors willing to pay you, potential customers and users waiting for your product but it’s only 50% of work to be done. You can handle everything connected with marketing and sales, but what about the technical side?

Why do you need to find a co-founder, a CTO or a Tech partner?

The first idea that usually comes to entrepreneurs’ mind when they start a new business is to hire freelance developers. A lot of small businesses work using this approach, but if you don’t have a tech background or at least a tech lead in your existing team it will be difficult to create a scalable MVP.

There are different ways to solve the problem. You can find:

Tech cofounder. A technical founder is one of the key roles in a company. It is a person who will be responsible for all the tech-related processes and have a share of overall profit. In this case, he or she will also call you a cofounder of his company, a non-technical cofounder.CTO. It is an employee who will be your hired technical director.Tech Partner. An outsourcing team which will care about all the development processes — not as just a contractor, but considering all the business needs.

Once you define whom exactly you are looking for — you can start searching for the ideal candidate.

#technicalcofounders #venturecapital #investing #startups

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