ZEROmail – Co-founder Search Goes On « Bart Jellema
blog.bartjellema.com
blog.bartjellema.com
A person who comes in after the idea has already been defined and the plans have been drawn up isn't really a cofounder. At the moment the business is structured around your and Katrin's idea, and your common skills. Are you willing to change it substantially to accomodate the skills of the third person? If not, then he/she is not a cofounder, imho.
PS: Btw, that may explain why "they're not lining up". Cofounders are paid founder equity (lots of it... in this case, I'd expect 30%). Employees are paid cash and options. My guess is you're not paying a decent wage and you're not giving enough shares for a cofounder.
Best of luck to Katrin and Bart - too bad I can't relocate to Sydney :D
Also, as swombat mentioned here as well, you look more like you are hiring an employee to join your startup than inviting a cofounder to help build it.
Interesting that many of you think we're looking for an employee rather than a co-founder... We must have not made that clear enough. If we find someone to join the team in the next few weeks, they will be an equal co-founder. No pay, their fair share of equity and an equal vote in decisions.
We can do this with the 2 of us, but we think our chances of success go up with an extra co-founder. Someone as excited as us about the idea and with the right incentives.
Best wishes to you guys. I'm actually trying to relocate to Silicon Valley, otherwise, would have loved to meet you.