Why investors ask how co-founders met

Transcript

When I asked founders, how do they make deco founders, they think I'm cracking small talk. However, there's a lot more than that. The biggest reason I most companies fail is because they did not achieve product market fit. But the second biggest reason is actually that the two founders would not work out. One of them left, they had a fuck it. Or things just got difficult and they left off. That's why knowing each other in a very deep way is really important. I believe you have been through some hardships in life in general that really helps. Because then you have blind trust on each other. Having worked together in a company or having been to a college together really helps. That is why the relationship needs to be strong. And you know just trying to go out in the market, look for a co-founder. It's very weird. I see a lot of people who are saying that I'm looking for a co-founder. I don't think that ever works. You can't go out, shock a co-founder randomly. Because the kind of quality is that you need in the other co-founder or way beyond just the technical skills. It's the blind trust that you will need while you're enduring a difficult journey. Such as building out a company.

Transcribed automatically from the video, so small errors are possible.