Can I travel back in time to co-found after the product is live?
June 8, 2012 6:46 AM Subscribe
I started a company, but it probably would have been better to co-found. Do people ever do this sort of thing? How?
posted by piato to Work & Money (9 answers total) 1 user marked this as a favorite
I'm older than the typical startup founder, and I don't live in a start-up hub, so when I left my job, I did half of the coding myself, and used an (excellent) freelancer for the other half. The thing's been going pretty decently (product in marketplace, keen users, early sales), but I'm no more confident with CSS/Django than when I started, and as a sole-founder with two employees, I don't feel like I can take the time to go off and learn it properly.
What I'd ideally like to do is bring on another programmer as a co-founder. Then when we raised funding, we could say "we are two programmers looking for $$$ to do X", rather than the far-less-convincing "I am seeking to raise funding in large part so that there is actually someone doing frontend stuff."
Does this sort of thing happen? If so, what terms are typical, and what is it called? I googled "retroactive" and "retrospective" confounding, and found nothing useful.