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Sorry to hear. Reminds me of the "cofounder" that I had who wanted a sizeable equity but ended up bringing nothing technical or managerial to the table. The startup failed after 1 year, and we just wrapped everything up. I was secretly glad it failed.

It also reminds me to only work on startups with someone who you really know and trust, like a best friend.

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Great way to ruin a great friendship.

I don't necessarily agree with this statement - if I know my best friend inside out we will have a super large room for flexibility, and that often prevents conflicts.

My practical experience is that there is no way of separating the two things, friendship and co-worker. And I believe there is more to lose than to gain in this arrangement. When a problem comes up I rather not argue with my friend (sorry, co-worker) about how my position is right and his is wrong.

Thanks for the insight. In that case, I'm wondering what would your preferred network be, if you're looking for a cofounder?

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