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[00:05] STA3 - The Start with Dennis Poh and Gustavo Liu, hosted by Graham D Brown
[01:20] Dennis and Gustavo take a guess at the average age of a start up founder
[04:23] A MIT survey found that the average age of start up founders who started a high growth company is 45 years old
[06:35] Why do we have this misconception that start up founders are young guys in shorts and sandals?
[09:20] Gustavo shares a true story about ageism in the start up industry in Asia where older founders over 50 cannot gain investors without having younger co-founders
[11:48] The risks of investing in a younger start up founder who has nothing to lose vs the risks of investing in a more experienced, older founder
[15:15] Using Dave Duffield as an example who started his first business in his 40s, Gustavo offers his views on the \'sweet spot\' in terms of age
[17:20] Dennis and Gustavo share their thoughts on having co-founders and the importance of finding the right co-founder
[21:21] Finding the right co-founder is like casually dating to find out what you like before committing
[23:58] Gustavo\'s tips for starting a business with friends, from reestablishing the relationship to having the legal aspects put in place
[26:57] Going alone vs being in a partnership, when does it make sense to run a business solo?
[30:25] A collaboration between co-founders is like a marriage, including the difficult conversations on leveraging each other\'s strengths
[33:52] Gustavo shares a story on how he had to advise a founder to fire his unproductive co-founder and offers advice on how to do so, for example by having a moderator
[37:30] Three is the magic number- a collaboration of three co-founders (the hustler, the hacker and the hipster) are what investors are looking for
[39:10] The imbalance in the roles between different co-founders where one person does more than the other and the importance of delegating tasks
[41:13] Gustavo\'s advice on delegating effectively, have expectations put in place and look at each other\'s strengths and workloads
[44:04] Graham\'s perspective on the feeling of being \'stuck\' in
decision making because of a co-founder
[46:22] The money and equity aspect of having a co-founder and how you have to be comfortable letting your co-founder wear the pants in the relationship