5 things I knew (or should have) before my startup, but didn't learn until now 16 years ago
Using a throwaway account to say this: be EXTREMELY careful picking your cofounder. Mine in my last venture was a close friend who had an extremely accomplished background. But he turned out not to have good ethics (ie, ended up stealing money!) and everything imploded. I even totaled my car because I was so upset as I came from a meeting with him, and my life was hell for a few months.
I don't blame myself because my cofounder had so many great attributes that he seemed like a good partner at the time, but still, I urge all of you to assume nothing and tread carefully when choosing a cofounder. Those worst case scenarios? They happen sometimes. :(