My company has a great working product, 2.5 yrs of revenue and traction, however I don't have a co-founder, or any employees. In fact, I have set it up so most of my business is outsourced: product fulfillment, customer service, etc. I am currently going through the Founder Institute program in San Diego, and I am looking to raise funding in order to bring on some actual in house employees, and increase my marketing spend. I am at the point where I am looking to begin meeting with investors, however I am just wondering if it would be in my best interest to find a co-founder before I begin these meetings, or just assemble a good team of advisers and then hire key employees after funding? Look forward to hearing back. For a detailed look at Founders and Cofounders Startups.com produced a great guide: https://www.startups.com/library/expert-advice/startup-founders-and-cofounders
co founder will be important in raising capital if his or her financial power or the network he/she becomes equal or exceeding what you have in terms of those things aforementioned otherwise he/she cannot be of great important
Answered 5 years ago
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