I have been building a startup for the past couple of years. Before any development work was done we sold our idea using a website, Typeform w/ Stripe, and manual delivery of the solution. We made a few thousand dollars doing this, and along with some other tests we had enough validation that there is a market we can build for.
We found a technical cofounder and by the end of 2022 (~4-5 month build) we had a bare bones MVP. The technical cofounder moved on with other projects, so we went looking for another. It was a 3 month process and while the replacement we found was competent, they didn’t have the time to move things forward substantially and left the team just recently.
Building a startup is tough. You need time, often around other commitments without being paid. The process from idea to MVP/beta takes months or longer, to find product-market can take years (and many examples in this post actually took much longer than they documented).
So I’m in the process of looking for a new technical cofounder (view to CTO) and I’d be interested to hear the experiences of others.
If you are a non-technical founder, how do you find an engineer/developer who can commit 20-30 hours per week before you build revenue or attract funding to pay the founding team salaries?
If you are a developer, what is the most important signal that a startup is worth spending that amount of time on around your other commitments?
We have some financial validation, we’re in an incubator program, operational costs are covered (from some early investment + incubator stipend + ecosystem grant), we have a solid deck and whitepaper that outline the vision, prepared to work with someone locally or 100% remote, maybe there is something we are missing…
I am doing the following:
- Posting to industry specific job boards
- Checking through YC Cofounder Matching (+ Cofounders Lab)
- Searching LinkedIn + cold outreach to local developers with experience that is a match
- Reaching out to contacts in my network, i.e. through the incubator and beyond
Where else would you be looking?
It seems that many developers, even joining as a cofounder, expect a salary right out of the gate. Where do I find those with realistic expectations and an interest to bootstrap, even if we don’t secure investment capital?
If you are not able to generate any profit nor any investment for the company in the span of couple of years, and yet you say you need a developer who’s committed to work as you are, what do you really expect?
What have you done in this time that would tell us you’re as productive as a developer who will work 6-8 hours a day on the application for the foreseeable future?