
The "Tinder" for Entrepreneurs? My Honest Review of CoFoundersLab It is a common feeling that every entrepreneur experience. You have a vision that could revolutionize the industry—a "billion-dollar idea" scribbled on a napkin—but you are lacking that one important component. Suppose you are a visionary CEO who can’t code or a brilliant developer who just feels stressed when you ask him/her to do the sales pitch. The truth is, I have been in that position. Partnering a business is arguably more difficult than partnering a romantic one. Hence it is even more important. After listening to the buzz among startups, I set out to thoroughly investigate CoFoundersLab to find out whether it really is the ultimate tech matchmaker or just another messy networking site. This is my "boots on the ground" review. What Exactly is CoFoundersLab? CoFoundersLab is a global network of entrepreneurs catered to helping entrepreneurs connect with co-founders, advisors, and interns. The platform offers an organised and structured way to find potential partners by skills, location, industry experience, and, most importantly, their level of commitment, instead of tweeting or posting on Reddit and getting no response or a lot of random replies. The Architecture of a Match: How It Works The platform simply doesn't give you a list of contacts to choose from; it creates the opportunity for a productive meeting "first date." Here is the regular sequence of events:
The Reality Check: The Cons The Free Plan is Limited: One of the limitations of the free plan is the restricted number of people you can message. To really benefit, you almost certainly need to upgrade. Profile Decay: Similar to other social networks, you are bound to come across profiles that have not been updated for the last six months. You need to be very careful with "last active" dates.
The Verdict: Is CoFoundersLab Worth Your Time? CoFoundersLab is the ultimate weapon for solo founders and early-stage entrepreneurs. It can't create your company for you, nor will it magically present you with the perfect partner on the very first day. Nonetheless, it lays down the framework for chance encounters. It brings you in the same room with the right people. If you are genuinely serious about leaving the "idea" phase behind and stepping into the "execution" phase, and you realize that you need help, CoFoundersLab is currently the best online platform where you can find your "other half".