Need a co-founder for your startup? Join Cofoundify

Entrepreneurs in Singapore generally don’t yak enough, so says Jeffrey Paine, entrepreneur and executive director of angel investing and mentorship firm Battle Ventures.

By that, he meant that rookie entrepreneurs can get over-possessive about their own business ideas when they should be going out there and getting constructive feedback from trusted friends, mentors, advisers, and potential customers.

“Nobody is going to steal your stupid idea,” he told SGE in an email interview.

To encourage more Singaporean entrepreneurs to break out of their self-obsessed shells, he came up with CoFoundify, a members-only community for entrepreneurs to seek out and connect with potential co-founders. The current  website states that members will also “receive a curated email of the best co-founders tips, advice, and events in your area.”

To sign up, simply key in your email address into the form on the website, and press ‘I feel luckified’.

In Jeffrey’s words, CoFoundify cuts down the time that entrepreneurs spend in seeking out a listening ear. In addition, successful solo founders are “few and far between” and hence discouraged.

“This list also forces you to share your ideas with people you don’t even know, which is a huge step for people in Singapore,” he says.

As far as we know, CoFoundify has around 300 members as of May 31, but that number should grow since they plan to expand to other countries in the future.

Still not convinced you should join?

Think of how much insight you’ve gained from reading this Paine-ful missive by a noisy writer.

Now think of how much more you can gain after meeting a potential flesh-and-blood co-founder or investor.

And by the way, joining is free. You’re not a true-blue Singaporean if you don’t go for that.

Photo: Brianna

Comments