DizzyBoba
DizzyBoba

Entrepreneur First VS Antler Residency

Which one is better for someone without an idea but highly interested in starting up?

21mo ago
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ZoomyMuffin
ZoomyMuffin
Amazon21mo

Just my personal opinion - but these residency programs might not be a great way to find a cofounder.

The best way to find a cofounder is through your own network of close friends and colleagues.

The only reason you cofound with someone shouldn’t be the startup. As it becomes super easy for someone to walk out.

ZoomyMuffin
ZoomyMuffin
Amazon21mo

Also Antler might give you really bad terms if they do choose to invest. Not sure about Entrepreneur First

DizzyWaffle
DizzyWaffle

Hey @Brisktalk could you elaborate on the bad terms bit. Context - a startup i am associated with is in discussions with Antler for fund raise.

BouncyQuokka
BouncyQuokka

Man. I got ideas and PoCs but I simply don't enjoy the process of driving it. If you are interested in work that isn't building the product, let me know. I am looking for a co-founder myself.

DizzyBoba
DizzyBoba

Okay. "work that isn't building the product" what does it mean?

BouncyQuokka
BouncyQuokka

Marketing, sales etc. I have ideas and know how to but I simply cannot get myself to do these.. they feel like too much of a drag. I can sit and build the software all day and night though.

PeppyBanana
PeppyBanana

Antler is a fantastic investor. The team is amazing. Super helpful. Terms are much friendlier than EF. They offer $270K for 10%

DizzyBoba
DizzyBoba

This is old, now they offer 150k for. 10%

ZoomyMuffin
ZoomyMuffin
Amazon21mo

Yep and those terms don’t make sense to me. Too less for too much

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