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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