Tech Cofounder
Find a technical cofounder for your startup
If you are looking for a technical cofounder for your startup or new business, then you do not need to search more!
Skyson Capital will be your committed technical partner and cofounder. Our technical team works with you on building and developing your tech startup. Finding your technical cofounder means finding a committed partner who has the knowledge and expertise in different programming languages and tools and who has all the skills needed to build or develop your product from A to Z. As a tech cofounder, Skyson Capital covers 50% of the costs needed for the development and gets equity in exchange. The only thing you need to work on is to secure 50% of the costs needed!
Tech Cofounder Acceptance Criteria
In order to be accepted in our Tech Cofounder program, an entrepreneur should have a concise executive summary, a clear business plan and should be able to pitch their business idea to us in a 10 minutes presentation. The following criteria are required for acceptance in the Tech Cofounder program:
50% of the costs:
As a founder, you will need to secure about 50% of the estimated total costs. Skyson Capital covers the other 50%. Once the money is secured, we can start the work!
We can help you raise capital through matching you with angel investors from our network through our Idea to Product program.Validated Business:
You need to have a validated business idea/project with a clear technical development needs in mind.
Skyson Capital | Outsourcing Companies | Freelance Developers | |
|---|---|---|---|
Product conceptualization and Product Design | Being your technical founder, Skyson Capital needs to be sure that the product will be innovative and address market challenges. | Outsourcing companies usually lack the business approach when building a product. They can build a good technology but they are not good at doing a good product conceptualization. | They usually need to get the job done as quickly as possible without taking no responsibility for what is being developed. |
Business Expertise and Consultation | We approach software development from a business perspective. The program has already a free business package of a value of USD 35k or above. | Outsourcing companies usually lack marketing/sales aspects and they will develop the product just as required. |
|
Innovation | Skyson Capital works on building an innovative product from scratch by assigning the right team to do this job.
| These companies don’t usually take into account innovation when they work on developing the product. | No innovation at all, just executing the basic tasks. |
Transparency | We are a cofounder and we will invest, so we will be very transparent about the costs and different stages of development. | An outsourcing company will make money from the development hours. So it’s best that they hook the customer and continue charging them in the future. | No clear info about development costs or future. Not suitable at all for lean or agile methodologies. |
Extensive Technical Resources | We have more than 200 internal software developers within Skyson Capital. We can always allocate people to the project. | Most are limited by the resources and they will prioritize using those resources based on the margins they make from each project. | Resources are limited and they are usually busy with multiple projects with no clear timeline. |
Covering 50% of the costs | We are a partner who will invest in the startup over several rounds of funding. Covering 50% of initial costs means that you have someone who is ready to take the risk plus you are left with more money to do marketing/sales. | Outsourcing companies don’t provide investment of any type. | No investment/commitment made. |
Long-term commitment | We are a partner who is committed over a long period of time. We invested at least 4 times in all startups that joined this program. | As long as the margins are good, you stay with them. If you are dissatisfied, then you will take the code but it’s difficult to find a team who can work on it. | Software developers use different methodologies and in many cases, they are unable to continue working together. |
