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How to find the right co-founder for your startup
Executive overview
Building a successful startup requires finding a co-founder who complements your strengths and fills gaps in your capabilities. The relationship demands intentional design: knowing who you are, how you operate under pressure, and where your styles diverge. Matt and Connor's eight-year partnership at Tracksuit demonstrates how shared values, explicit communication, and mutual understanding turn co-leadership into a competitive advantage.
Core insight: Co-founder success is engineered, not accidental.
Know yourself deeply before partnering
- Conduct team profiling exercises early: understand how you perceive yourself versus how teammates perceive you.
- Identify your superpowers and weaknesses within the team dynamic, not in isolation.
- Map where your approaches naturally clash or create tension—this prevents surprises later.
- Use behavioral insights to know when to step in (when you're the strongest contributor) versus when to defer.
- The framework works for every team member, not just co-founders.
Complementary strengths are the foundation
- Matt (border collie + golden retriever): relentless focus, energy, keeps people aligned and moving.
- Connor (grizzly bear): drives forward with intensity, balances warmth with decisive action.
- Their partnership works because neither tries to do the other's job—they trust and lean into distinct roles.
- Avoid hiring (or partnering with) clones of yourself; seek people who solve problems you don't see.
Design your co-founder relationship intentionally
- The co-CEO structure is not default; it requires continuous refinement and clear role definition.
- Matt and Connor redraft job descriptions every six months as the company evolves.
- Geographic split (Matt in London, Connor in New Zealand) creates operational coverage and forces clearer handoffs.
- Ego must not drive decisions; disagreements should center on what the business needs, not personal territory.
- If you cannot commit to ongoing dialogue and feedback with your co-founder, do not pursue this structure.
Why it works at Tracksuit
- Eight years of trust before co-founding removed the question of character and reliability.
- Raising capital split cleanly: Connor handled investor relations while Matt maintained operational momentum.
- Building culture (50% energy) alongside product (50% energy) is a deliberate choice that shapes the company.
- Four global offices reinforce the culture while leaving room for local expression.
Lessons from New Zealand's startup ecosystem
- Small, efficient markets (5.5M people) create lean operators and force global thinking early.
- Tracksuit started in New Zealand, scaled to Australia, then moved to US and UK—always pulled by customer demand rather than capital chasing.
- Global expansion from day one in product architecture, but deliberate and customer-driven in execution.
- Being a "test market" (highly engaged small population) means product-market fit must be real before scaling.
The Sam Altman fishing story
- Persistence pays: bothering someone on Twitter DMs eventually works, even with Y Combinator's founder.
- Solve operational constraints creatively: a fishing enthusiast investor became the gateway to meeting Sam.
- When aligned on the goal (meeting startups), logistics challenges (vegan Sam, fishing trip) become amusing obstacles, not dealbreakers.
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