[CITY, STATE]. [May 8, 2021]: Few ventures are more likely doomed to failure than launching a startup. In fact, the failure rate of startups in 2020 was about 90%. Leading factors include lack of market understanding, ineffective marketing tactics, lack of feedback and support, and inexperienced executive leadership or management. CoFounders Lab seeks to curb those hurdles by offering entrepreneurs an innovative, free resource that connects brilliant minds and energetic dreamers through its AI-driven, algorithmic platform designed to create impactful, long-lasting founder connections.
Today, the platform centers on the development of three key value propositions: Connect, Collaborate & Graduate and is the single largest ecosystem that supports founders in building and growing successful companies at a far faster rate than when they go it alone. This is because there is no better resource for founders who are interested in matching their mission and vision with a co-founder who shares their passion for building a successful company. For those seeking advisors, a new executive team, or partners who bring new skill sets to the table, CoFounders Lab is an invaluable resource for accelerating the growth of startups.
Using the service could not be easier. Users simply create a free profile with their LinkedIn, Facebook, or Google account information, specify a few key details about themselves and their company, then begin searching for a co-founder or partner by skill, country, industry, startup experience, and more.
To date, CoFounders Lab has helped make over 550,000 introductions with its network of more than 400,000 members across 140+ countries, and membership is growing at a consistent and steady rate.
“The platform was designed from the ground up to take startups to the next level much faster by connecting the right minds in an authentic, safe environment,” states CoFounders Lab CEO, Stephen Price. “The process of building a team shrinks from years to weeks, or perhaps days, and the connections are built through data-driven analytics that filter results as minutely as the entrepreneur wishes, with improvements made constantly on the back end.”
Price says CoFounders Lab has become an absolute treasure trove of experts, resources, and peers who have come together to form an incredibly powerful educational platform that builds businesses across the globe. The journey of launching a startup can be daunting, but by leveraging the cutting-edge tech that CoFounders Lab was built on, there has never been a better opportunity for aspiring entrepreneurs to connect with fellow visionaries and innovators who are eager to explore the startup space together.
Those interested in learning more about CoFoundersLab and how to launch their entrepreneurial journey should visit https://cofounderslab.com/.
About CoFounders Lab
CoFounders Lab is a subscription-based, complete connection service that matches entrepreneurs needing a new way find potential cofounders and key team members. This service helps entrepreneurs take their new startup from potential to promising. Subscribers have access to sophisticated AI algorithms to identify and recommend the best candidates for a cofounder or team member from more than 400,000 potential candidates on the largest startup platform on the planet. CoFounders Lab has made more than 550,000 introductions in 140 countries. The platform includes matching services as well as education, training and tools for a successful startup. It was founded in 2011. It’s mission is to empower 1 million innovators of the future by providing them with a platform to engage and interact with cofounders, mentors, advisors, and investors.
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