Sunil Nagaraj of Ubiquity Ventures on Co-Founder Compatibility

Many founders start ventures with a friend, assuming their values and goals for the startup will align. But friendship doesn’t guarantee compatibility in business. Sunil Nagaraj, founding partner of Ubiquity Ventures shares what he learned about the importance of long-term co-founder compatibility.

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3 Topics to Discuss before Writing a Founders’ Agreement

You found a great co-founder. When should you formalize your relationship? You may be tempted to draft a founders’ agreement to demonstrate trust in the partnership, but before you make a legal commitment, make sure you’re aligned with your co-founder in 3 critical areas.

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Should You Add a Co-Founder?

Having a co-founder dilutes your equity and authority. When does adding a co-founder add more value than hiring an executive with similar skills? Understanding the unique role a co-founder plays can help you determine if and when you need one.

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Reasons to Write a Formal Founders’ Agreement

Research shows that establishing a founders’ agreement prematurely often generates founder conflict—a leading cause of startup death. Can writing a founders’ agreement help you mitigate future conflicts and save your business? Before you rush into an agreement, understand the underlying mechanics and learn how to customize them to strengthen your co-founder relationship.

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