Raise Millions by Hustle Fund VC Page 48 The thing is, co-founders often come with drama. When co-founders don't work well together, a lot of stuff goes wrong. They fight about the product roadmap. They disagree on which candidate to hire. They stop including each other in important meetings. And this drama leads to even bigger problems. Employees get tired of the in-fighting and leave for a company with a better culture. When employees leave, responsibilities go unfulfilled. Customers notice and stop renewing. Investors see all of this and decline to participate in future fundraising rounds. The book The Founder Dilemma cites that 6 out of 10 startups fail because of co-founder conflict. That’s why it’s so important for investors to feel confident in the co-founder relationship. They want to know that co-founders can make decisions together, communicate openly, share the burden of work, and disagree without tearing the company apart. So when you're pitching the "team" portion of your company to an investor, show that you and your co-founder are a good fit. For example: ● you're hackathon buddies ● you’ve put on an event together ● you've shipped a product before ● you worked together closely at your last company hustlefund.vc / @hustlefundvc
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