Playbook #12 Clubhouse Edition - How To Choose Co-Founders with Roland Ros and Rexy Dorado of Kumu 👋

Roland Ros and Rexy Dorado, the co-founders of Kumu, along with Atty. Josef Acuña of Podcast Network Asia joins us in this playbook to teach how to choose the right co-founders for your startup. They will discuss the characteristics of what to look for in a co-founder and how to look for them and convince them to join your startup. They will also provide great tips and examples of how they recruited co-founders and looked for the right talent to bring in within Kumu as they grew their company.

Links mentioned in this episode:

• Due Diligence - Professionals define due diligence as an investigation or audit of a potential investment consummated by a prospective buyer. The objective is to confirm the accuracy of the seller’s information and appraise its value.

• Term Sheet - A document outlining the material terms and conditions of a business agreement.

• Gentleman's Agreement - An informal, often unwritten agreement or transaction backed only by the integrity of the counterparty to actually abide by its terms.

• CI - A term that stands for “Customer Intelligence.”

• KYC - A term that stands for “Know Your Customer.”

• Cap Table - A term that is short for "Capitalization Table". This document is an intricate breakdown of a company’s shareholders’ equity.

• Use of Proceeds (USOP) - This document  summarizes how a company that aims to secure additional capital is going to spend the funds.

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