Whether you’re trying to find a co-founder for a startup or organization, the process is more of a science than an art. To start, the most effective way to find co-founders is if you’ve already established yourself as someone who is a top talent and proven yourself as a great partner in past activities.
GETTING THE CO-FOUNDER THAT YOU WANT
To increase your likelihood of getting a great hustler co-founder, I’ve felt these actions make a positive difference:
- Quickly make your decision to work with them or not: If you take too long to decide whether you want to work with someone or not, that person will leave for another opportunity. For all the companies that I’ve co-founded, most were with co-founders that I decided to work with within 24 hours of meeting them.
- Chase: The co-founders that I worked with were regularly approached by others to start companies. To convince them that I’m a good partner, I had to chase them down for multiple coffee sessions.
- Sell, sell, sell: Getting a superstar to work with you is just like a sales process. You pitch, you convince, you come back later if they say no the first/second/third time, and then you close the deal.
PLACES TO FIND THEM
Here are some non-traditional places that I or my co-founders have found co-founders:
1. Word of Mouth
I heard about my co-founder for Enplug, David Zhu, through a colleague when I was at Goldman Sachs. One day at the office, my colleague was talking about this insanely smart MIT-dropout turned professional poker player. This guy sounded like someone I wanted to meet. A few months later, when I was looking for partners to start my next company with, I asked my former colleague to connect me with David. David and I talked on Skype for an hour and he flew up from LA to SF a week or so after. I met with David in person for an hour and told him, “I’ll take a U-Haul and move myself to LA. See you next week.”
My co-founders Zach and Alex found each other on Craigslist. They were both UCLA students who had built successful tech products and companies while in school. Zach had a room open in his apartment and was particularly interested in having a fellow techie engineer live with him. Alex saw the Craigslist post and before you know it, they were living together and building apps together.
My co-founders Zach and David met while sitting next to each other on a Southwest flight. Zach accidentally tripped on David’s bag as Zach was boarding his flight. As a result, he apologized and decided to sit next to David. The conversation basically went like this (if shortened in a few sentences):
David: Hi, I’ve built security software and am starting another company. I also made millions of dollars before I was 18 playing online poker professionally.
Zach: Nice. I built 2 Top 10 Downloaded Education Apps in the Mac App Store last year while I was in college.
David: Let’s work together.
Zach: Sounds good. I’ll drop-out of UCLA today and join you.
A week later, we all moved into one apartment to work together.
Except for a few companies, I found most of my co-founders in schools I attended. For example, for one of the products I was building in college, I reached out to a guy named Ryan who I hadn’t talked to since freshman year. He was known as the ultimate computer science nerd (that’s a compliment) living on our dorm room floor. I sent him a Facebook message that was basically, “Hey, I haven’t talked to you in a few years, but I remember that you were super smart. I’m building something and I want you to built it with me. Want to meet up for coffee?” We met up the next day and started building the product.
5. At the bar
After a random hacking session with my old high school friends, Marcus and Alex, we went to a bar to relax. While drinking a Blue Moon, I noticed an attractive, tall guy standing on the other side of the room. I pointed him out to Alex, who them told me that Mr. Tall Guy was a biochemical genius that already had quite a number of successes under his belt as a twenty-something year old. It so happened that Alex worked in the same lab as Mr. Tall Guy. Alex jokingly said, “I’m totally going to tell him you have the hots for him.” Since I have no shame, “I said, go for it.” Mr. Tall Guy comes over and we start talking. The next day, we meet up and started a biotech company together that would eventually win Intel’s Top Social Innovation Award.
I found co-founders by always keeping an eye out. When I found someone I liked, I would aggressively sell them on working together. I’ve never found co-founders on a co-founder dating site or co-founder networking event. I feel like the top talents don’t need to go to those places to find great partners. If they’re so good, they’re being poached left and right by people or they’re already working on something cool. You just need to convince them that what you’re doing is cooler.