|Sep 21, 2010|
Those of you that follow me on Twitter might have seen that Blake Perdue got hitched this past Sunday. He is going to spend his life with the lovely Charlotte who is a fashion editor/writer in NYC. Blake is moving to the city and becoming a family man. Charlotte is getting a standup guy. Blake and I are cutting the cord.
I am losing the co-founder to a startup that we cranked up about a year ago called Socialytics. Losing a co-founder at the early stage of a startup is devastating. It kills momentum. It focuses attention internally on getting through the exit. On the outside I put on a good face. On the inside development stalled.
At Socialytics we have lived on gentlemen's agreements more than contracts. It worked for us. If one of us did not hold up our end of our verbal conversations Socialytics would be completely dead by now. But we did.
A result of the breakup is Socialytics has pretty much been moving sideways. In hiberantion mode. Alan Pinstein, who was one of the key contributors at the first Atlanta Startup Weekend has graciously stepped up to help me vett a couple of people that could step a the technical co-founder role. We might have someone soon.
But losing a co-founder is tough. You lose six months. It happened to me in 2006 and the startup died. Working toward a different result this time around. Give me enough rope and I just might hang myself. Glad I own a good knife.Posted in Entrepreneurship, Startups Tweet