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Author Topic: Seeking Co-Founder for Bitcoin Startup  (Read 1134 times)
SeekingCofounder (OP)
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February 07, 2015, 08:42:10 PM
Last edit: February 07, 2015, 08:58:36 PM by SeekingCofounder
 #1

For the past few months, I've been working on a Bitcoin-related web and mobile software and now have a working MVP (plus lots of useful technology developed). Current stack consists of Node.js, PostgreSQL, Angular although I'm flexible about using other technologies in the future - Go and React come to mind. I haven't publicly launched it yet but I'm fairly certain there is a market for it and there are a few obvious paths to monetisation. The idea is relatively novel, it's a new market (no direct competition at the moment) and the barrier to entry is reasonably high (mostly due to technical complexity and potential network effect). I'm not sure if the idea could scale to become more than a "lifestyle" business in its current incarnation but I have some ideas on how to bring it to the next level (we would need to discuss this together).

Lately, I've been thinking about the option of getting a co-founder and raise funding (or apply to a YC style accelerator). One problem I'm facing right now is that on one hand, I would like to give my potential co-founder a large chunk of equity (30-50%) so that (s)he feels motivated and invested but on the other hand, I'd feel a bit uncomfortable about just "giving away" a few months worth of labor and expenses. Having a co-founder who is willing to throw in a small investment would be great but not necessary.

I'm also not looking for an employee. I am looking for a driven individual who can decide on company strategy with me, take initiative and doesn't need to get told what to do. Until we decide on a CEO, we will both be equally responsible for day to day operations.

I'm thinking of two co-founder profiles I'd be interested to partner with (a mix of both would be ideal). Here are some example questions to give an idea of what kind of person I'm looking for (though I don't really expect you to answer them in your intro).

1) The techie.

Do you have an in depth knowledge of the Bitcoin protocol (or ability to learn quickly)? Do you have experience building web/mobile apps from start to finish? Any of those keywords sound familiar? Node.js, PostgreSQL, Angular, React, Docker, Go, Python, micro-services architecture, PostgreSQL, REST, git, machine learning. Good grasp of cryptography? Do you have some projects on Github, write a blog or have recently launched personal projects just for fun or profit?

2) The suit guy.

Think you can convince VCs to throw money at us or run a successful crowdfunding campaign? Good network of contacts within the Bitcoin community? Good understanding of the Bitcoin eco-system? Think you can help turn dumb technology into a profit? You favour pragmatism over ideology? Think you would have done a much better job at drafting those questions? Grin

I'm posting under an anonymous account but will be glad to introduce myself personally to interested parties. In short, I've been involved with Bitcoin for a long time and started at least one wisely used project, contributed to Bitcore and other related projects (I guess it wouldn't be really hard to identify me at this point).

If you think you might be interested, please send me an email with a short introduction. Please include why you think you're the guy/girl I'm looking for, your location and your availability in the next few weeks).

If you don't have time to fully dedicate yourself as a co-founder but might be interested in investing and/or acting as an advisor, please get in touch.

I will reply to every email I receive and keep all information strictly confidential.

seekingcofounder@tempmail.de

PS: If you are busy right now and don't have time to write a proper email, just shoot an email that says "Hello" and I'll get back to you later.
SeekingCofounder (OP)
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February 10, 2015, 10:07:34 AM
 #2

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cloverme
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February 10, 2015, 03:52:12 PM
 #3

You might have some luck at https://www.cofounderslab.com if you strike out here or check out https://www.freelancer.com/ too.

VC's are evil, be prepared to give up control of everything you worked for. I highly suggest crowdfunding so you can keep your equity. (You can only get YC funding if you are under 25, committed to wearing a hoodie, only own apple products, obsessed with breakfast cereal, and your team has all the necessary diversity for a benetton ad. https://www.ycombinator.com/gallery/ )
 
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