Dealing with a co-founder breakup can be the most challenging experience business owners face on their entrepreneurial journey. According to Noam Wasserman, a professor at the University of Southern California, 10% of co-founders end their relationship within a year of starting a business, and an additional 45% within four years. Although co-founder splits are normal, they can be emotionally taxing for all parties involved. Regardless of what might have led to the co-founder’s divorce, both parties must reach a mutual understanding before choosing to go their separate ways. In a recent post,
Timothy Armoo sold his influencer business Fanbytes to global digital marketing agency Brainlabs for an undisclosed eight-figure sum. He’s done what every aspiring business owner hopes to do – all at 27. We previously interviewed Timothy Armoo on the Techish podcast. Speaking to Sifted EU, Armoo, whose startup connects social media influencers with big brands for promotion work, says the acquisition is like a marriage. “You’re merging two companies, cultures and sets of people together, so you want it to be the right fit. Start “dating” partners while you’re still building
