Ep 1.3 • Is Four Co-Founders Too Many? | Interview with Tonic.ai

Listen now on Spotify / Apple / YouTube / Google. Brought to you by Confidante, preventing the co-founder conflicts that kill 65% of startups.

Get podcast summaries and co-founder resources delivered to your inbox: www.confidante.substack.com

Ian Coe, Karl Hanson, Andrew Colombi & Adam Kamor are co-founders of Tonic.ai.

Meet Ian, Karl, Andrew, and Adam, who came together in 2018 to co-found Tonic. Their goal? To revolutionize how engineering teams create synthetic yet meaningful test datasets. Speaking of data - as many in the startup world know, it's rare to find founding teams with more than three members. Which brings us to a common question: How many co-founders is too many?

Let’s crunch the numbers… a recent analysis from TechCrunch revealed that less than 7% of companies raising over $10 million had four or more co-founders.

Against all odds, Tonic’s four person founding team has raised over $47 million dollars from leading investors like Insight Partners, GGV Capital, and Bloomberg Beta. Join us as we uncover the secrets behind their success and see for ourselves how many co-founders are too many?

In our conversation, we discuss:

• The Requirement of Trust and Commitment in the Team
• An Honest Discussion on Titles and Roles in the Founding Team
• Fundraising & Investor Relations with a Large, Remote Founding Team
• Infusing Humor and Levity into the Company Culture
• Shared Decision Making in the Founding Team
• Advice for New Founding Teams

Where to find Tonic.ai: https://tonic.ai/

LinkedIn - tonicfakedata / Twitter - @tonicfakedata / Instagram - @tonicfakedata / YouTube - @tonicfakedata

Where to find Annie Garofalo, host & startup team relationship expert:

Website: https://www.confidante.info
Newsletter: https://confidante.substack.com

LinkedIn: https://www.linkedin.com/in/annie-garofalo/
Instagram: https://instagram.com/thecofounderconfidante
TikTok: https://www.tiktok.com/@the.cofounder.confidante
Twitter: .css-j9qmi7{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:row;-ms-flex-direction:row;flex-direction:row;font-weight:700;margin-bottom:1rem;margin-top:2.8rem;width:100%;-webkit-box-pack:start;-ms-flex-pack:start;-webkit-justify-content:start;justify-content:start;padding-left:5rem;}@media only screen and (max-width: 599px){.css-j9qmi7{padding-left:0;-webkit-box-pack:center;-ms-flex-pack:center;-webkit-justify-content:center;justify-content:center;}}.css-j9qmi7 svg{fill:#27292D;}.css-j9qmi7 .eagfbvw0{-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;color:#27292D;}