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Dear SaaStr: Is It a Good Idea to Start a Company with a Good Friend?

  • Starting a business with a good friend can be a good idea, but there are important discussions to have beforehand.
  • Key discussions include commitment levels, plans for potential challenges and changes in the business, roles as the company scales, and long-term dedication.
  • Implementing a long vesting schedule on founders' stock can help protect the most committed founders.
  • Successful startups like Mailchimp and Canva have been founded by friends and partners.

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