Ask investors: if an early stage startup was founded by two husband-wife couples, would you consider investing if the numbers look good?
Questions
Would you fund a company started by two couples?
6 answers from the community
A· Nov 11, 2014
Why not?
A· Nov 11, 2014
Of course. However, be wary of ownership conflicts and use the right contracts. Early stage companies always seem to forget due diligence until it's too late and someone has been screwed over.
A· Nov 12, 2014
Thanks! I asked because I read some articles about how husband-wife cofounders are less attractive to investors. I thought two couples might make it even worse. :D
A· Nov 12, 2014
The wife of our founder was an employee and it came up in funding talks as a red flag, and so she left the company. To my mind it is cleaner to avoid working as a husband and wife team. For the family it also diversifies you away from the start-up, which probably is sensible.
A· Nov 12, 2014
Yeah, the question of divorce always comes to mind and the legal + emotional complications regarding share ownership and management. I guess two couples will just double the odds.
A· Nov 16, 2014
Conflict of interest rings the bell...and do read this one too
https://startupsanonymous.com/story/co-founders-wife-getting-way/