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Eli Aleyner & Mani Fazeli - What does it take to find a co founder

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When people mention startup hubs, San Francisco, Boston, and now even New York come up right away. But after returning from the West coast in mid 2011, Eli Aleyner and Mani Fazeli saw huge potential in Toronto’s booming startup community. Amazing talent, great universities and new startup accelerators have them believing that Toronto can be part of this short list. That’s why they are Managing Directors of FounderDating for Toronto – working to solve what they believe is one of the biggest challenges for entrepreneurs today – connecting with the right people to get started.

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Eli Aleyner & Mani Fazeli - What does it take to find a co founder

  1. 1. WHAT DOES IT TAKE TO FIND A CO-FOUNDER? ELI ALEYNER - @EALEYNER MANI FAZELI - @MCFAZELI
  2. 2. ABOUT US  MANAGE PRODUCT @ XTREME LABS  PRIOR LIFE: AMAZON.COM, MICROSOFT  CO-FOUNDER @ BETTEREZ  HELPED START: CONTEXTLOGIC, MANAWA NETWORKS
  3. 3. WHAT IS NOT COVERED Incorporation When to quit your job Should I outsource my development? Photo: http://www.flickr.com/photos/kalexanderson/5421517469
  4. 4. WHY LOOK FOR A COFOUNDER? Photo: http://www.flickr.com/photos/nwardez/3834852526/sizes/l/in/photostream/ It’s a long road to walk alone
  5. 5. GET STARTED EARLY You need speed, support and execution http://www.flickr.com/photos/aartj/527502812/
  6. 6. BE PREPARED http://www.flickr.com/photos/krypto/14765221/ Show your skill, know your needs
  7. 7. WHERE DO I LOOK? http://www.flickr.com/photos/haagsuitburo/2627515964/sizes/o/in/photostream/ Co-workers, classmates, hackathons, FounderDating
  8. 8. STRUCTURE OF A RELATIONSHIP Photo: http://www.flickr.com/photos/jay_que/450365066/sizes/o/in/photostream/ Equals, not subordinates
  9. 9. DEMONSTRATE YOUR VISION http://www.flickr.com/photos/cgoulao/2206212075/ Have a tangible “plan”
  10. 10. WHAT TO LOOK FOR? http://www.flickr.com/photos/paulnomad/7599430328/sizes/o/in/photostream/ Pragmatic coders & savvy sellers
  11. 11. EQUITY http://www.flickr.com/photos/pierrotsomepeople/3060137552/ Split, vest, formalize, move on…
  12. 12. COMMON MISTAKES Mirror image of yourself Not working together before committing Glossing over goals, lifestyle, cash needs Not picking the outward facing person http://www.flickr.com/photos/savethejellyrabbit/5154067039/
  13. 13. THANK YOU! QUESTIONS? ELI ALEYNER – @EALEYNER MANI FAZELI – @MCFAZELI REFERENCES (1) FUNDERSANDFOUNDERS.COM/STARTUP-DIRTY-LAUNDRY-CONFLICTS-THAT-KILL-PARTNERSHIPS/ (2) FOUNDERDATING.COM/QUESTIONS-TO-ASK-POTENTIAL-COFOUNDERS/

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