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7/31/2019 FICH July 5 - Building Your Startup Family - Andrew Lee
http://slidepdf.com/reader/full/fich-july-5-building-your-startup-family-andrew-lee 1/13
7/31/2019 FICH July 5 - Building Your Startup Family - Andrew Lee
http://slidepdf.com/reader/full/fich-july-5-building-your-startup-family-andrew-lee 2/13
Co-Founder(s)
YOU
STARTUP
YOURFAMILY
7/31/2019 FICH July 5 - Building Your Startup Family - Andrew Lee
http://slidepdf.com/reader/full/fich-july-5-building-your-startup-family-andrew-lee 3/13
DO I NEED A CO-FOUNDER?
7/31/2019 FICH July 5 - Building Your Startup Family - Andrew Lee
http://slidepdf.com/reader/full/fich-july-5-building-your-startup-family-andrew-lee 4/13
ARE YOU AWESOME?ARE YOU THIS GUY?
Technical Skills
(Lasers)
Strategic Business Visionand Negotiation Skills(Spectacles and Eyes)
Product Design Sense(Sweater & Hair)
Great ManagementSkills (Grip on Cat)
... Depends on the Product andTraction! Assuming you're not...
7/31/2019 FICH July 5 - Building Your Startup Family - Andrew Lee
http://slidepdf.com/reader/full/fich-july-5-building-your-startup-family-andrew-lee 5/13
MATE CO-FOUNDER QUALITIES
BALANCEExamples:● Sellers/Builders● Back-end/Front-end● Strategic/Analytical
● CEO/COO/CTO
OTHER QUALITIES● Good Communication
● Mutual Respect● Mutual Affinity● Timing/Proximity● Dedication... Contract!
7/31/2019 FICH July 5 - Building Your Startup Family - Andrew Lee
http://slidepdf.com/reader/full/fich-july-5-building-your-startup-family-andrew-lee 6/13
TIME TO MAKE A BABYSTARTUP
7/31/2019 FICH July 5 - Building Your Startup Family - Andrew Lee
http://slidepdf.com/reader/full/fich-july-5-building-your-startup-family-andrew-lee 7/13
HIRING PITFALLS
● Hire to reach goals, not toincrease headcount.
● Mythical Man Monthobservations -
○ 7+ ppl is not as fast as<6 ppl○ as team grows,
communication grows● Hiring causes temp drops
in productivity● Hiring wrong person
worse than hiring no one.
7/31/2019 FICH July 5 - Building Your Startup Family - Andrew Lee
http://slidepdf.com/reader/full/fich-july-5-building-your-startup-family-andrew-lee 8/13
THE BEGINNING TEAM
● Determines culture, practices, etc.
● Hire within 1 degree of separation, previous working relationships...● Job boards, Twitter, newsletters...● Don't go to clubs to find mates (recruiters to find co-founders).● Find talent in under-resourced areas (geography, experience, etc.)● Look for knowledge area/skills and culture fit.● Specialists vs. Generalists
7/31/2019 FICH July 5 - Building Your Startup Family - Andrew Lee
http://slidepdf.com/reader/full/fich-july-5-building-your-startup-family-andrew-lee 9/13
HIRING PROGRESSION
InterestTake out
MassResumes
- Must InsertPhrases- Coding
Challenges- NOT yearsof experience
PhoneScreen
http://www.codinghorror.com/blog/2008/01/getting-the-interview-
phone-screen-right.
html
Interview
- Over Skype,using
etherpad or
Google Docs- Twoindividuals or
Group
Contracting?
- DetermineContractor or
Full-Time
Status
Evaluate in3 months
DON'T WASTE TIME!
7/31/2019 FICH July 5 - Building Your Startup Family - Andrew Lee
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HIRING QUICK TIPS
● Highlighting the Worst○ Zappos Strategy○ Bad Code○ Difficulty of working in startup
○ Tough task (e.g. cleaning bathroom)● Hire people who can grow with the company
● Look for side projects and interest in sector
● Reference Checks
● Generic Tips from Fred Wilson: http://www.avc.
com/a_vc/2012/06/mba-mondays-best-hiring-
practices.html
7/31/2019 FICH July 5 - Building Your Startup Family - Andrew Lee
http://slidepdf.com/reader/full/fich-july-5-building-your-startup-family-andrew-lee 11/13
Clearly
Communicate:1. Working hours
2. Salary range (+options) and how
you advance
3. Responsibilities and deadlines -
See Meebo job descriptions
4. Tools (todos, email, project
management, etc)
5. Create reachable goals
6. 1:1s with individuals
Thanks Ryan Carson for some of this!
7/31/2019 FICH July 5 - Building Your Startup Family - Andrew Lee
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WHEN THE RELATIONSHIP FAILS.
IT'S NOT YOU, IT'S ME=
I'D LIKE TO ASK YOU TORESIGN
7/31/2019 FICH July 5 - Building Your Startup Family - Andrew Lee
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REMEMBER - EVERY FAMILY ISDIFFERENT. QUESTIONS?
Andrew Lee - @_andrewlee
Co-founder of JamLegend (acquired by Zynga)
Creator of Fantasy Congress