Co-Founder
A person who starts a company alongside others, sharing ownership and early risk.
Co-founders share the vision, workload, equity and risk of building a company from the start. Complementary skills (e.g. technical plus commercial) and a clear founder agreement on roles, equity split and vesting are vital. Investors heavily weight founder teams.
Examples
A technical and a commercial co-founder split equity 50/50. — Co-founders sign a founders’ agreement with vesting.
How it relates to The Startup Foundry
The Team Report analyses your team composition — a key part of the Executability the Foundry assesses.