In short
Solo founding vs co-founding; why co-founder breakups are common and can kill early startups; how to decide when to go solo, and how to pivot from one company to another.
Guest backgrounds
Flo Crivello is founder of Lindy, an AI executive assistant for inbox/email/meeting management for busy professionals; previously built Teamflow, a virtual office/remote collaboration tool, and worked at Uber for nearly five years. Lindy (Ron Lindy) is the host.
Key claims
“Going solo should be the rule, co-founder the exception”; co-founder selection is among the top three most consequential startup decisions; if there’s doubt, it’s a no; don’t co-found with someone you haven’t worked with (ideally under conflict); co-founder breakups are “tail events” that can explode like a faulty car part.
Notable examples
Teamflow failed when the market shifted back to office; pivoted around GPT-3/LLM agents, eventually building Lindy; advice includes cutting deep (45 to ~12–15) and using “lieutenants”/brain-trust sessions (South Park “Six Days to Air” as an analogy).
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Chapters
Tap a time to open that second in VOThe Co-Founder Dilemma
0:00 to 0:45
Discussing the challenges and costs of having a co-founder.
“You're giving half of your company to this guy.”
Going Solo: A Valid Choice
0:45 to 2:30
Exploring the benefits of solo founding over co-founding.
“I would love it if you could just tell people who are watching or listening how you describe Lindy today.”
Introducing Flo Crivello and Lindy
2:30 to 4:30
Flo Crivello introduces himself and his company Lindy, an AI assistant.
“of meeting a lot of founders all the time.”
The Origins of Co-Founder Issues
4:30 to 6:40
Flo discusses why he wrote about the problems with co-founders in startups.
“Like right now, if you and I were to talk about my own co-founder breakup experience, there's only so much I can say.”
Personal Experiences and Co-Founder Breakups
6:40 to 9:10
Flo shares his personal journey with co-founder breakups and their impact.
“Our first cultural value at Lindy is a fuck yes or no.”
Advice on Choosing Co-Founders
9:10 to 11:15
Flo gives advice on selecting co-founders and recognizing red flags.
“fortunately, it was one of my best friends.”
Building Lindy: From Co-Founder to Solo Founder
11:15 to 14:03
Flo recounts the journey of building Lindy after a co-founder breakup.
“Just to react real quick to your point about friendship, I think it's John Rockefeller who said he liked friendships built on businesses much better than businesses built on friendships.”
The Journey Begins: Hacking Together
14:03 to 16:49
Learn about the unexpected journey of creating a startup while adapting to challenges during a pandemic.
“I started like hosting parties in that virtual space with my friends.”
Navigating Co-Founder Dynamics
16:50 to 17:48
Explore the complexities of co-founder relationships and the impact of separation on startup dynamics.
“and at some point I was just like, look, we should just part ways.”
Reflections on Going Solo
17:49 to 19:17
Understand the emotional and practical implications of building a startup alone after losing a co-founder.
“I sometimes wonder to what extent I am right to give as universal sounding advice to people because people seem to really mind building on their own.”
Show all 22 chapters
Identifying and Pivoting Opportunities
19:23 to 23:31
Learn how to recognize when a startup idea isn't working and the importance of pivoting.
“It was like kind of sad for a while because I just lost a friend and I had like the legal stuff to deal with.”
Navigating Change: Lessons from Transitioning
23:32 to 28:01
Discover critical lessons learned from transitioning a startup and the importance of decisiveness.
“How many people were on the team when you made that transition from TeamFlow to that version of Lindy?”
Startups and Miracles
28:01 to 29:02
Explore the concept that successful startups often rely on fewer miracles.
“I would say you don't need as much rest as you think you do.”
The Gold Rush Analogy for Startups
29:03 to 30:28
Analyzing the distinct phases of startup building through a gold rush analogy.
“to describe startup building is that of a gold rush and a gold-seeking expedition.”
Neglecting the Mine to Prospect
30:29 to 33:10
Understanding the need to prioritize gold prospecting over daily operations.
“if there is no gold here, it doesn't matter how good of a digger you are.”
Navigating Founder Dynamics
33:11 to 35:18
Discussing the pressures on founders and co-founders during turbulent times.
“And I think in some ways this is also true for co-founders.”
Embracing Challenges as a Solo Founder
35:19 to 37:09
The benefits and insights gained from being a solo founder during transitions.
“And it's like between two peaks, you have this valley of death, which is like so painful and so confusing.”
The Importance of Open Communication
37:10 to 39:36
How transparency with your team strengthens trust and problem-solving.
“but you should have lieutenants, especially as a solo founder.”
Balancing Structure and Unstructure in Teams
39:37 to 40:55
Finding the right mix of structured meetings and unstructured brainstorming.
“That's my ideal in my head of like, we should be able to just, if the right dynamic in this room is such that you should be able to tell the person, come on, let's boot it, you know.”
The Double Diamond Framework
40:56 to 42:01
Exploring the double diamond framework for problem discovery and solution clarity.
“It seems like you've learned a lot of things around having these kinds of conversations with the brain trust.”
Exploring the Double Diamond Framework
42:01 to 43:31
Learn about the double diamond framework for problem-solving in design.
“and we just had like a, I think, hour and a half, two hour long conversation.”
The Pros and Cons of Solo Founding
43:31 to 44:39
Understand the challenges and benefits of being a solo founder.
“It's always really interesting to hear people's answers.”
Transcript
Automatic transcript. May contain errors.0:00Lindy:This is your most expensive employee. You're giving half of your company to this guy. Half of your capital gun for a person who's doing nothing. You don't know what it's like to work with someone until you've worked with them, even if you've been their best friend for more than 10 years. You don't judge the car by like how well it drives during the 500 ,000 miles. You judge it by like, is it going to explode and kill me at some point, you know? People seem to really mind building on their own, like they really hate it. The downside is it's very lonely. Well, it doesn't have to be. You can just bring in your lieutenants with you.
0:26Lindy:Follow it up with the case for solo founding. The bull case is that you can move so much faster and you don't deal with the bullshit. God, I'm so happy I don't have to align with anyone to do it. Right now we're saying like, hey, go with the co-founder as the rule and go solo as the exception. And I was proposing that we flick that.
0:43Flo Crivello:One thing that's really cool about your story is just how many evolutions you've made with your company over the years. I would love it if you could just tell people who are watching or listening how you describe Lindy today. And then we'll talk about the co-founder journey, the solo founder journey, and just sort of what you've been up to more recently.
1:00Lindy:Yeah. Well, first of all, thanks for having me on the show. It's an honor. I've been following you from afar for a while. I'm Flo. I'm Ron Lindy. We're building what I think is the best AI executive assistant to manage your inbox, your emails, your meetings. So we're selling to busy, overwhelmed professionals who are in too many meetings, too many emails. I'm sure you can relate, and who just need help dealing with that chaos.
1:25Flo Crivello:It's really interesting. I'm sure we'll get to sort of the story of how you actually got to where you are today with this. But the main reason that I initially reached out maybe about a year ago, even though we'd been following each other on X for a while, was you wrote this piece that was extremely prescient. It was four years old at this point. I think it was called Co-Founders Considered Harmless, or Co-Founding Considered Harmful, rather. And it was interesting because at the time, very few people were talking about co-founders being an issue or questioning whether or not you should have a co-founder.
1:58Flo Crivello:But at the same time, everybody was talking about how co-founders, you know, have a lot of divorces and have a lot of challenges, you know. And one of the main reasons, the main reason that companies fail in the early days is because of co-founders. So maybe take me back and take the people who are listening to this back to what was happening in 2022 that caused you to actually write that back then.
2:20Lindy:It was a conjunction of, one, my own very personal experience where I had a co-founder breakup, to my second-hand experience, which was still anecdotal, of meeting a lot of founders all the time. You know, like in San Francisco, it's like you can't cross the street without running into five founders. And a bunch of my friends have started companies and seeing the co-founder breakups all the time from up close, some of which destroy the company or come very close to it. You know, it's so very harmful to the company when it happens early stage. And then seeing the data and seeing that co-founder breakups were in fact one of the very causes of startup deaths at worst.
3:07Lindy:And at best, you end up with like half of your captable gun for a person who's doing nothing, right? Many, many such cases. And then at the same time, so I saw all of that stuff, my own experience, the experience of my friends, the data, all of that stuff was pointing in the same direction. And then the prevailing advice was pointing in the totally opposite direction, which is like, no, you don't want to do it alone. And I'm like, that's nonsensical. It's like the opposite of what you should be telling people. So I just felt like there was a wrong to be righted.
3:38Flo Crivello:Do you remember at the time what the reaction was to that post? Were there some people who strongly disagreed and said, no, co-founders are essential and really good? Or was it something that people just kind of, you know, just didn't really have like strong opinions on back then?
3:54Lindy:It was really well received, the post. And so funny because when I wrote the post, as I was writing it, I was like, of course, there's always exceptions. And I say it, it's like, it's basically, I think right now we're saying like, hey, go with the co-founder as the rule and go solo as the exception. And I was proposing that we flip that. It's like, going solo should be the rule and going with the co-founder should be the exception. and it's funny because I was I was writing the post I was thinking of an exception in the back of my mind I'm like ah I know this guy he's got the dream co-founders and getting along so well and then it's so funny because this guy unprompted after I sent the post sent me an email I was like I can't agree more with you I hate my co-founders like oh wow even you and so I think that's another thing by the way it's like you know um uh the the public sphere is not representative of reality because there's just a whole category of stuff namely the more negative stuff that you're simply not allowed to talk in the public sphere.
4:43Lindy:Like right now, if you and I were to talk about my own co-founder breakup experience, there's only so much I can say. For sure. You know? And so I think there's a whole, like, it's like the, you know, physicists call it like the dark metal or like the black metal. It's like everywhere in the universe and it's invisible. It's like co-founder breakups are everywhere and they're like kept hush-hush. It's a little bit of a taboo thing to talk about and not really harmful.
5:03Flo Crivello:I mean, it's similar to how acquisitions are framed. Yeah. You know? Yeah. there's not usually a lot of benefit in speaking about these things in the most honest way. No, you're going to get sued. Yeah, so that's interesting. It's an interesting point of view, and especially that people reacted in that way. I've even had people who, they don't reach out to me in that way. They don't say, I'm having a terrible co-founder situation. People do that, too. The people who I think of who have really good co-founders, sometimes they just reach out to me and they say, you know, this really resonates with me.
5:36Flo Crivello:I really love my situation right now, but there are so many other people who aren't like that. And I think that that's true. I think that even people who do have great co-founder relationships, they realize just how rare that is because, you know, there are these co-founders. I won't say their names to bring them up specifically, but they just announced this really incredible milestone for their company. They've been working together for seven years now. And that is so rare to have two co-founders working together for seven years successfully. You know, they have to know just how rare that is and how special that is.
6:08Flo Crivello:It is not something that you come across that often. A hundred percent. It is very rare. So I'm curious if you could, to the extent that you could, share kind of what you were going through right before that, that sort of your personal experience that kind of, you know, preceded you actually writing about this and putting this out into the world. Because I do think that there are some folks who might be listening who have co-founders or they're sort of experimenting with a co-founder and determining whether or not maybe things aren't going right for them right now, but they're not going super terribly either.
6:41Flo Crivello:I'm curious kind of if you could share some of your experiences and then maybe also just sort of give some advice to people if they're kind of like on edge and sort of trying to figure out if what's happening is actually right for them.
6:53Lindy:Happy to. Our first cultural value at Lindy is a fuck yes or no. I totally subscribe. I think it's Vinod Kozla who said, the people you hire is the company you build. And I forgot who else who said, what's the difference between hiring and culture? Like there is none. Like your culture is who you hire, right? And so I'm a huge, huge, huge believer in the immense importance of who you hire and in particular in the early days. And so your co-founder, like who you pick as a co-founder, might be in the top three most consequential decisions you make in the history of your company period, right? So with that said, if you have a doubt, you know.
7:34Lindy:You should be over the moon about your co-founder. You should be like, I can't imagine. I hope he doesn't fire me, you know, because I love him so much. I couldn't imagine doing this without him, right? Like to me, that's the bar. Anything short of that bar is a no. You are giving, this is your most expensive employee. You're giving half of your company to this guy. And you're making a very, very, very big bet on their integrity. which I guess is a good segue about the advice. I think visiting schedules are completely wrong right now for co-founders. I think four years and like 25 % of the first year is like, okay, so after one year as a company, like suppose you do an event split, you're going to have like more than 10 points of the company for 12 months of work.
8:20Lindy:Like everybody knows after 12 months, like the company is nowhere. Like it takes two years for a company to start showing signs of life, you know? And there are examples of people that's there. I'm not going to name them, but everybody knows who I'm talking about. Like who made a fortune leaving a huge company after a year. Lots of money. Yeah, lots. And now they're living their best lives in very sunny destinations. And the company, sometimes they really try to claw it back, but there's not a whole lot you can do. So anyway, I think like the very concrete piece of advice here is, I think exponential investing and I think six years investing, honestly.
8:52Lindy:And honestly, even that is, I think would be generous. But I think that's, that's the minimum. But yeah, if there's a doubt, there's no doubt. I think don't go into business with someone you haven't worked with. That's my own personal experience. You know, I co-founded something with a, fortunately, it was one of my best friends. We're no longer talking much. And we'd not worked together. And I think it's only after we'd started working together on the companies that we realized we didn't work together all that well. And so I think you don't, you don't know what it's like to work with someone until you've worked with them, even if you've been their best friend for, in our case, more than 10 years.
9:33Lindy:And I think ideally you must have been in conflict with them. You must know how they react under conflict. I think people can be so very different in times of conflict as in all times. And I think a co-founder breakup is a tail event. So it's a rare event that's potentially very consequential that can destroy your company. So you've got to watch for the tail events. you gotta ask yourself imagine if you're driving a car and the car is fine for like 500 ,000 miles but at some point in those 500 ,000 miles it's gonna explode and kill you it's not a good car so you don't judge the car by how well it drives during those 500 ,000 miles you judge it by is it gonna explode and kill me at some point that's what I'm talking about and so I think you've gotta really watch out for the small things insofar as you've not really been in a high stakes conflict situation with them Like you've got to watch out for the small things.
10:24Lindy:Like how do they talk about their past conflict? Are they able to characterize the other side charitably?
10:31Flo Crivello:Or are they always just right in the head? It's a very bad sign when you're interviewing somebody for a role too and they talk about everybody else being the problem. Exactly. The thing you were talking about about friends is really interesting because in some way, and you said you're only potentially co-founded with people you've worked with. I think that in many ways, having some sort of relationship prior to co-founding a company that isn't very much exactly the same thing as co-founding a company carries this risk of assuming that the relationship will work in the same way when you start the company together.
11:08Flo Crivello:and you know over the years when we were building on deck and ODF I think that in some ways the people who didn't have any pre-existing relationship had something going for them because they didn't have any assumptions about what that person was going to be like but but I'm curious I'm curious sort of you know how you were thinking about you know when that when that sort of situation arose where you ended up starting a company with a friend and it didn't work out what were the things that kind of maybe didn't sort of surface until you started working together that were kind of these signs to you that it wasn't working.
11:40Lindy:Just to react real quick to your point about friendship, I think it's John Rockefeller who said he liked friendships built on businesses much better than businesses built on friendships. So totally agree that what happened in our case is different styles, just very different working styles in terms of intensity and I think it can cut both ways. I think it can be sometimes overly intense and I know it sounds like a humble brag but it's actually a thing. If you're overly intense, perhaps the less charitable way to put it is like an asshole you know um and or you can be like insufficiently intense and so you're too chill and you lack urgency and you can't chip and i think that was that was sort of the disconnect it was like we there was just like a great mismatch in our level
12:22Flo Crivello:of intensity so when you were starting this this company you were going through this process i think it would be really useful for people to understand a little bit about like the journey from you know sort of having this start and go or stop, start and stop relationship with a co-founder to actually sort of the early days of building what's now become Lindy. You know, it certainly wasn't a straight line from the co-founder breakup to where you are today. You've built a lot of interesting things over the years. Maybe you could, you could share a little bit about kind of what that initial experience was like and sort of like the acclimation period after when you became a solo founder.
13:01Lindy:Oh, wow. How much time do you have? Okay, so before Lindy, the company was called Teamflow. It was a virtual office for remote teams to work together. It started in a very organic fashion and unplanned fashion. I did not think of it as a company for the longest time. I thought of it as like a website project I was hiking on. So for context, I was working at Uber for almost five years. And then after Uber IPO, I just took a break. And my plan was to travel for a year or so. So, and sure enough, after a month, COVID hits. So I'm stuck at home. So I canceled all my travels and I'm at home. And, you know, what do I do when I'm at home?
13:41Lindy:I code. It's compulsive. And so I built a thing that was like, it was a special video conferencing tool. So you would see your video in a bubble in a virtual office. You could move around and you would only hear and be heard by people around you. It was really cool, the ambient aspect of this. It was good. and it would grab the attention, you know? And you would, and so because we were all stuck at home, I started like hosting parties in that virtual space with my friends. So we'd play games, like there was like, you could like have like a deck of cards in that virtual space, could do all of that stuff.
14:14Lindy:And so I just kept hacking on this. And then at some point I have a friend who called me and it's kind of a crazy story actually. I don't know if I've told it, but it's my very good friend Ed World Lando, whom I'm very - Oh, nice, okay. grateful for. And he called me and he's like, Floro, I got to recycle. You know when you invest money and you make a return, then you've got to like if you want to make a QSB as eligible, you can roll it over and then your entire rolled over investment is QSB. It's like there's a whole thing. But you've got some time window to roll it over. And he had an exit. He had a couple of million of dollars to invest and he had like three days to invest.
14:56Lindy:I didn't even know I was working on this thing. I was not working on this thing. I did this. It's like, Flo, can I wire you a million bucks for your company? I was like, I have a company. I was like, I need a company in two days to invest in. And so to this fucking day, the legal entity for Lindy is called Crivalo Corp because I was like, I don't know. I'm incorporating. Six hours later, I have a bank account. I have a legal entity. God bless America because it's with everything in like three weeks in France. And so he wired the money. And so, and then we jammed like okay now that you buy out the money what do we do and he's like well what have we been up to and I told him about these products well you're out of your mind dude this is a business like this is like I don't know if you've noticed like every company is going remote right now this is a huge pain point this was around like March or something like that I forgot exactly how this overlaps with like that time frame but right around then I think it was before I had incorporated like when it it was still in that like weird project hacking around.
15:58Lindy:One of my friends who ended up being that like co-founder, you know, I was like, oh I'm hacking, he's like dude this is so cool, like hey I have so many ideas, give me access to the repository and I'll code. You know, I'll code with you. I think that was a mistake I made and it's so hard in that moment when you're just like hacking shit with your buddy to be like whoa, let me, you know, let's talk equity here, you know. But actually that's probably what you should do, you know. So I started hacking stuff together and just gave him access to the server, I gave him access to the code repository, and he started just building.
16:35Lindy:And then we were not co-founders for a long time, it was like a couple of months, like two or three months. But after two or three months it was extremely clear to me, at least, that there was a mismatch in working styles. And I had a couple of chats with him, gave him feedback, and at some point I was just like, look, we should just part ways. Yeah. Do you want me to go all the way to
16:55Flo Crivello:when Lindy? We can get there, but I think actually it'd be really interesting to just talk about like, it's the day after you sort of finalize a co-founder separation. A lot of people have to go through this. What happens next? Did you have a team at that point? Was it just the two of you? Just kept building. Yeah, and you were still working on TeamFlow. You were still focused on that. How would you sort of how do you sort of juxtapose like that like other than the fact that like things weren't working just like the co-founder dynamic versus being solo and building solo like how did you spend your day was it different yeah I'm just curious like for people who are maybe maybe there are people who are listening to this and like oh I probably should break up with my co-founder um maybe give them sort of the the positives and also the negatives of sort of like if there were negatives after after sort of getting through the co-founder divorce and being on your own well the
17:50Lindy:real negatives because we got into legal things with that guy which was really dispiriting because I thought we were really good friends and we could just talk it out and no we could not talk it out so be ready for that in the end it's worth it because it's better to go through that drama in the beginning than in the end so yeah I mean had that to deal with and mostly what I did is I just went back to work, it was the same as before except now is by myself, just building, which I don't mind. I sometimes wonder to what extent I am right to give as universal sounding advice to people because people seem to really mind building on their own.
18:36Lindy:They really hate it. And I'm like, I don't mind. I think I have those helmet tendencies. And I'm like, I don't mind. I'm just by myself coding. That's great. I love it. I can move as fast as I want.
18:45Flo Crivello:If you're enjoying this conversation, then perhaps you're starting your own company. And if so, you should apply for the Solo Founders Program. I've spent the last seven years working with startups and founders who are figuring things out. And I'll tell you, the ones that make the most progress are the ones who make sure that they have relationships that can help them go the distance. The Solo Founders Program is about bringing 10 solo founders together so that they can build solo together versus building solo alone. I'll work with you, who will invest$100 ,000, and will make sure that you make the most progress that you possibly can in three months.
19:16Flo Crivello:If that sounds interesting, you should learn more and apply it at solofounders.com slash program.
19:22Lindy:And so, yeah, you know, it was just back to work. It was like kind of sad for a while because I just lost a friend and I had like the legal stuff to deal with. But just back to building and then started getting clients. Revenue started ramping up. I was like, hey, this is a business. I guess I should raise a real round now. And I just did that. That's cool.
19:37Flo Crivello:Yeah. At what point did you realize that you wanted to move on from the original idea? Oh, boy.
19:45Lindy:well okay so 12 to 18 months after
19:49Flo Crivello:after the big release what was the thing I'm guessing that maybe there was some pandemic effect yeah people returned to the office
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19:58Lindy:so you know we released and everybody was going remote and everything was going well and we had like the windy hour back when everybody was going remote it was like the growth kills were really something and the engagement kills were really something and then when everybody returned to the office like the growth skills were really something again except in the other direction. And so and nothing we did moved to the needle. The market had just moved on. That was tragic. You have no idea. The pain you go through of like just banging your head against the wall and nothing works. I forgot who it is who told me if you think of it as a two by two where it's like things are hard or things are easy and you're like a persistent founder or a non-persistent founder the hardest quadrant to be in is a persistent founder when things are hard.
20:45Lindy:Because the moment things started being hard, we had like 20 competitors who gave up immediately. We stuck with it for like a good 12 months, which I think was a big mistake. But yeah, at some point it was just obvious of like, hey, we stuck with it. We tried everything we could. Nothing's worked. Nothing's moved the needle. Let's just call it guys. And it coincided with, so we were like a virtual office. We built a meeting recorder as part of the virtual office. And this coincided with the GPT-3 API coming out. And I had been following AI for a very long time. Like since, hey, I'm on the record since GPT-2 for saying, like this is the first step to LGGI, which at the time GPT-2 could do nothing.
21:29Lindy:And GPT-3 API comes out and I'm like, oh my God, this is awesome. Like, can we, okay, hey, like now everyone does this, but at the time, like it was very new. Like, hey, let's build like a thing that summarizes your meetings. And then salespeople come to me and are like, like, Flo, you have no idea. We spend so much time updating our Salesforce every day. Can you also make this thing update our Salesforce for us? And I'm like, yeah, probably. At the time, people would call it feature extraction. So we can extract. What do you update to Salesforce with? Like the next step, whether there's a champion, the number of seats they're going to buy.
21:59Lindy:So I guess we can extract that using the language model. Even then, it barely worked. The hallucination rate was off the charts. So we do that. And then they're like, ah, actually, we're doing a lot more fields. It'd be neat if you just give us an admin UI. so we do that. Ah, actually, you know, we're going to switch to HubSpot so now we need to like do that. And basically, little by little, we make this thing more and more general so it can update any fields on any CRM. And then at some point it clicked and it was before ChatGPT but it clicked around like October 2022 and we were like, oh my God, like LLMs can do stuff.
22:32Lindy:We're like, oh, why don't we just have the LLM make the entire API call for us? Like, and it worked. Like, oh my God, like this is not LLMs. At the time, I don't know if you recall, like now everyone's talking about agents. At the time, no one was talking about agents. People were talking about generative AI. People don't talk about generative AI anymore. And at the time, we were saying, look, generating text and generating images is fun and cute, but the GDP is not made of copywriters and illustrators. It's made of work. So agents are where it's at. And then Langchain came out, and I remember meeting Harrison very early.
23:02I made him, in hindsight, ridiculous,
23:04Lindy:like we hire you. I was like, hey, why don't you? He had not incorporated yet to my knowledge. He was like, oh, why don't you join us? We'll give you a bunch of money. He has like a signing bonus at Will Call and Equihire. I think he still was like at his previous job. And yeah, I mean, so comes Christmas, you know, I was like on that Christmas break and it was just obvious like the team was like sucked into this idea. We're very excited about it. And the TeamFlow thing was like obviously not working. And so we just decided to like pivot completely to Lindy.
23:32Flo Crivello:How many people were on the team when you made that transition from TeamFlow to that version of Lindy? About 45. two-thirds of which we let go of once we decided to make the transition. Got it. And I think that a lot of companies have to go through these types of moments to actually get to the thing that works. But I don't think that you actually hear that many people talk about what that actually entails and sort of the challenges around it and how to judge who's ready to make the transition and also how to make the transition from that, right? because that's a pretty big jump. It requires, you know, cutting a lot of headcount.
24:14Flo Crivello:Some people who might have been doing really great work at the last thing, but it doesn't make sense for them to be sort of the early days of a new company. This is effectively a new company. Can you share any sort of things that you've learned from that or things that maybe people should know about when they're in that situation? Like one thing I've heard and, you know, like I've experienced personally is that oftentimes people don't make enough, like a large enough of a cut. And that's like, that's extremely devastating for everybody involved. Yes. But I, so they end up usually having to do two rounds of it and that's like really bad.
24:48Flo Crivello:But I'm curious what other things like you've learned from it. So much.
24:53Lindy:By the way, I think this right here is like the right question and like, you know, how do you know when to make the move? And you're right, like a lot of startups do go through that extraordinarily painful chapter which kills companies all the time. And I think it's Marc Andreessen who said the essence of entrepreneurial judgment is the ability to tell the situation that's broken that work and iteration will see it through versus one that's broken and it requires a radical change. And I agree with that. I learned a bunch of lessons. Number one, make the change faster. You know and you feel it when it's going to work.
25:29Lindy:So make the change faster. Two, cut deep. we didn't get deep enough. You know, we went from 45 to like 12 or 15. And that's too big. Yeah. You know, I think the ultimate, like the great, the best team size when you're like zero to one is like three to five. You know, you just need a bunch of like really good builders. So both Elad Gill and Naval Ravikant give this advice. They put it in different terms. I like Naval's characterization of it. He says like building a startup is kind of like surveying a huge, like infinitely large because the search space is literally infinite, an infinitely dense jungle.
26:08Lindy:So you're surveying it from a helicopter. And at some point, you see a spot in the jungle that you like and you land and you start to clear off the brush and you see what's going on here. If you don't find something you like, you don't stay in the jungle. You climb back in the helicopter and you survey again. And the thing is only so many people fit in the helicopter. So it's really hard to climb back if there's like 50 of you lost in the jungle. Make a big change. don't overly incur on like whatever previous thing you were doing and i think we did that right like we moved from like a virtual office to like an ai agent completely different yeah i'd say those are
26:40Flo Crivello:the biggest lessons what was the uh if you if you you said uh mark andreessen had or um naval had that one about the jungle and the helicopter and then you also mentioned something from um it wasn't it wasn't mark andreessen a lot a lot of it is the same thing except he doesn't
26:57Lindy:said the jungle thing. It just says it. It's like a mega big change. I think another thing I learned actually, and I tweeted it at the time, is when I made that pivot, after like two years of chewing glass and staring at the abyss, I felt so burnt out. And like one factor that was weighing on my mind was like, I don't know if I can pivot right now. I need to chill out for like six months at least. I need to chill out. I can't do this. I had just been grinding really, really, really hard for more than two years. And it's the worst type of grinding where it's like it's Sisyphean. It's like you're just pushing a bulldog uphill and then nothing happens.
27:33Lindy:It's like you've got to do it all the time. And I was like, I see an opportunity, but I don't know if I have it in me to pursue it right now. And I was like, fuck it, I'll just give it another go. I can do it. And then the thing that took me by surprise is just how quickly my energy came back. And I tweeted that saying, which is the cure to burn out is not rest, it's momentum. It comes back immediately the moment you have momentum and the moment you're excited again about what you're working on. So insofar as that's a factor for any other founder out there, I would say you don't need as much rest as you think you do.
28:06Lindy:You just have momentum.
28:07Flo Crivello:I feel like we were talking about a lot there. One thing that I really liked from one of his blog posts a long time ago is this idea of startups and miracles. This idea that startups that require multiple miracles are usually bad startups, but startups that, you know, the best types of startups do require like one thing to go really well. Uh, I'm curious sort of how you've thought about, you know, as you've, as you've sort of evolved and like developed Lindy over time, um, how you've thought about things like that, or also another one that he has is like this idea of like no bank shots, essentially like you don't want to try and bounce off the side of the pool table.
28:46Flo Crivello:You just want to go straight to the hole. Um, I'm curious, like what models or like philosophies you've had, um, as you've developed kind of what Lindy is over time.
28:56Lindy:Yeah, I very much agree with these philosophies. Like one analogy I use increasingly to describe startup building is that of a gold rush and a gold-seeking expedition. And I think there's a lot of insights you can get from the analogies. It's sort of like the gift that keeps on giving. Namely, one, there are two very distinct phases in building a startup. And the first one is like you're looking for gold. The first one is like prospecting, like looking for gold, like the right ground. And the second one is like building and operating a mine. Have you seen the movie There Will Be Blood?
29:31Flo Crivello:Yeah, of course. You know, in the beginning
29:33Lindy:it's just him, right? It's just him like lust and like looking and at some point he sort of like miraculously stumbles upon like an ocean of oil and then he builds a business. It's like he builds a town.
29:41Flo Crivello:He nearly dies in the process. Yes.
29:44Lindy:And so he builds a business, he builds a town and all of that stuff. And so, and those are qualitatively distinct activities. And this is why I gave the advice earlier of like you've got to cut very deep because like you've got to be alone. Like looking for gold is not a 20-people job. It's a one-person job, really. It's a founder's job. No one else can do it but you. And the problem is like operating a mine is a full-time job. It's a lot of work to operate a business. And if you're busy operating the business all day, you have no time to prospect for gold. So I would actually say that's another piece of advice I would give is if you're in that situation where you're like, something feels really, really off.
30:22Lindy:And I think we're like digging the wrong ground, the wrong ground here. There's another way this analogy keeps on giving. It's like, if you're digging the wrong ground, if there is no gold here, it doesn't matter how good of a digger you are. You're wasting your time to not dig, you know? So if you're in that situation where you're like, hey, I think we're digging the wrong ground, but I have no time to prospect for other grounds because I'm busy managing this mine here. My advice, and it's so hard, but it's to neglect the mine. And it's so hard because of course, you can't neglect the mine. It's like there's all these people asking for your time, all these amazing things.
30:52Lindy:Like, well, it doesn't matter. You know, they're digging where there is no gold. So like, it actually doesn't matter. You've got to clear your calendar and you've got to neglect people. And then they're going to like twiddle their thumbs and be like, this company is so in Spanish, we literally have no idea what to do. And the founder is a stupid, incompetent guy and we have no idea what he's doing all day. And that's perfectly fine. That's you doing your job. The other things you can take from that gold-seeking expedition thing, Elad talks about this. He says like, when it works, it works quickly.
31:19Lindy:and that's not always the case. Sometimes you've got the open AI. There's always like a thousand counter examples, but like by and large, I think the story of segment here is telling, or like hugging face is telling. There's so many stories like that where it's like, hey, we work on this thing and we grind for like two or three years and nothing happens. And if you count progress in lines of code, which you shouldn't, but if you count it in lines of code, you're like, hey, we wrote like 50 ,000 lines of code on this thing and nothing happened. We wrote a thousand on this and it blew up. Like the segment guys, they released this library, like analytics.js, just as a weird little thing.
31:54Lindy:It's like, this can't work. This is a toy. Like, why would this work? Blew up on Hacker News, immediately became a thing. You know? There's so many examples of that. Like Slack worked really quickly. Hugging Face, I think they were working on like a mobile app, like an AI friend, AI girlfriend kind of thing. And then they're just like, oh, like how about GitHub for models? and like just CTO just coded it in the weekend and released it. And then the rest is history. It just immediately took off. So it just works quickly. And so I think it's the same. Like if you found ground that's got gold, it's like, or like that's got oil, like it's like seeping off the ground.
32:30Lindy:Like if you study like the gold seeking expeditions, like the gold rush in the 1850s in California, it's literally like you can basically see the gold nuggets on the floor. It doesn't take a genius, you know? I think those are some of the things I've learned about this.
32:43Flo Crivello:It's interesting the idea of having people essentially having to sit around and like twiddle their thumbs while the founder is trying to figure out what the business actually is. Because that's one of the biggest challenges, right? When you don't cut deeply enough before trying to get to that next place where you figure out what the new business is. Because then you have them just sort of sitting around and thinking the founder is incompetent when they're doing what the founder should be doing, which is figuring out what's next. And then you also sometimes have this pressure as the founder to not just figure out the thing, but also give answers to the people about what the thing is before you need to.
33:20Flo Crivello:And I think in some ways this is also true for co-founders. Like when co-founding goes poorly, you've got this situation where if you're sort of the, you know, it's not always this, but there's sometimes the person who's the sales sort of person and the person who's more of the product builder type. and even though they might both be technical, there's this aspect of like the sales type person needs to have an answer to the product type person sometimes. And it creates this weird dynamic where now you're kind of feeling this pressure not to just get the answer, but to try and appease the other person and answer the thing for the other person.
33:58Flo Crivello:And I think that that's probably the unhealthy form of time pressure. Like I think you should feel urgency as a founder to go and figure out what you're gonna be building, but that feels like the unhealthy form of it.
34:10Lindy:That I don't know. I've always felt on the fence about this, but my bias has always been thinking with your hands, and I've always liked to converge really quickly on the thing and then to figure that from there. And then if you need to climb back in a helicopter, you do that, but I think you'll make more progress by building than by thinking and talking and whiteboarding. So, but yes, I mean, these moments are actually the ones were actually the ones where I was, and that's actually counterintuitive, like most grateful for being a solo founder. Because like when we made the pivot from TeamFlow to Lindy, look, I'm telling the story in a very neat fashion, but obviously when you're in the midst of it, it's infinitely confusing.
34:51Lindy:There's so many options. It's a tough call to make. And I was like, God, I'm so happy I don't have to align with anyone to do it. I can just leave the room and tell guys who are doing this and also who are, you know, parting ways with two thirds of the company. I don't know what would have happened if there was another co-founder that I had to convince. And I've seen many teams just break up at that moment. Andy Grove talks about the valley of death. You know, when you're going through those huge transition periods. And it's like between two peaks, you have this valley of death, which is like so painful and so confusing.
35:28Lindy:He gives an advice, which is like at first you let a thousand flowers bloom and you let the chaos reign. You sort of embrace the chaos of that weird transition period. where there's a thousand ideas floating around and at some point you converge and you get everyone diving in the same direction. I would say actually to go back about the things I learned about this is I think there's a natural tendency as a founder and as a leader to think of yourself a little bit as a cheerleader. And it is a large part of your function as a leader. But the most important job you have as a leader is to win. And you can't win if you're not staring at a problem in the face.
36:03Lindy:And however ugly the problem, And I think a lot of founders, and it was my case, are afraid of saying something like, this is fucked, we're going to die if we don't solve it. I say it all the time now. Well, not all the time. When it's true, I say it. And I have found the fear as a founder when you say that is like, oh, people are going to leave me. And they do, in fact, leave you. But the people who leave you are probably not the people you want around anyway. Okay? Yeah. Plus, you probably do need to be shedding weight. If you're in the middle of saying something like that, maybe you should be shedding weight.
36:40Lindy:And the people who remain, they're made stronger by the experience. They're treated as owner. It actually builds trust because flow doesn't bullshit. When it says things are going really well, it's going really well. And when something's really bad, it's like, hey, we're going to die. And in a way, it sort of galvanizes them. It's like, hey, we got to solve this or we're dying. And I have found, again, it's hard enough to solve problems when you talk about them. it's impossible if you don't talk about them. So you sort of have to some extent, and obviously there's a way to do it and you can't do it with the entire team if you're 50, but you should have lieutenants, especially as a solo founder.
37:14Lindy:Everyone says, ah, solo founding, the downside is it's very lonely. Well, it doesn't have to be. You can just bring in your lieutenants with you. So you should have this small circle of two, three, four people who you completely open up to. And you have those four-hour long brainstorming sessions on a Sunday where you're like, hey, shit's fucked, what do we do? So I found this to be so, so, so important.
37:36Flo Crivello:Could you share a little bit more about that? Like from a practical perspective, obviously everybody's different. People do things like their own way. And I think that's one of the great things about companies, startups. They like successful startups. They always are, they're very different in a lot of ways in terms of how they operate. But what have you found that's been useful in terms of having like these lieutenants, these people that you can turn to and you can, you know, work in this way. And what have you seen there that's worked well for you?
38:02Lindy:There's multiple forms of thinking. I think thinking and writing is really important. I think the worst sort of thinking, I think Einstein who said, you can't do much carpentry with your bare hands and you can't do too much thinking with your bare brain. Like don't just sit around and think. So I think the hierarchy of thinking is like thinking and writing is probably the best and then thinking and sitting and doing nothing is probably the worst. And then in the middle, there's like thinking and talking it out with your team. And in some ways, this actually very often yields a type of insight that's qualitatively different from the one you get by just thinking in writing.
38:36Lindy:I think the SAT partnership can be very powerful. There's one of my ideals that I always have in the back of my mind for what the best type of working relationship looks like when you're in that room and you're talking about the hard problems with your lieutenants and you're in that trusting, vulnerable position because you're like, hey, this is ugly, we need to figure it out. There is this documentary about South Park that's called Six Days to Air. Have you seen it? Have you heard of it?
39:02Flo Crivello:I haven't, but I love the guys behind it. It's just like a remarkable story. I'm a huge fan.
39:07Lindy:Huge fan of the show, of the guys. The story is amazing. And it's a 15-minute documentary that South Park takes six days from like, let's start talking about an episode to the episode goes on air. It's remarkable. This is why like they're always so timely. Like if there's COVID, if there's an election, it's like the week after South Park is talking about it. and the way they do it is they want they just shoot the shit and you should watch the video I think it's at like 5 or 10 minutes it's on YouTube you can watch it for free at 5 or 10 minutes in the video you see them and these guys have been working together forever and they just have like they're total bros and they're like in that crappy room drinking crappy coffee and like literally throwing balls at each other and they're just like hey what's up what did you do this weekend like what did you see like what you know and so they just shoot the shit and it's kind of like they act and it's awesome and it's like they see what jokes land and what jokes don't land and it's just like Ed Catmull in Creativity Inc talks about this he calls it it's the brain trust you know so having that relationship with you you can just be totally open with people and if the joke doesn't land alright it's fine we just move on but like when the joke lands you write it down and then day two is like okay what the fuck is the episode about day three like we actually write the episode and one single person writes it, it's Matt Stone.
40:28Lindy:That's my ideal in my head of like, we should be able to just, if the right dynamic in this room is such that you should be able to tell the person, come on, let's boot it, you know. It's like, all right, fine. And then just move on, you know. And there should be no ego, there should be no friction, there should be no, you know, it should just flow very, very naturally. It should be a brain trust.
40:44Flo Crivello:How do you think about creating space for like the free flow structure versus unstructured? What have you learned about that? Because you're a great writer, right? I've enjoyed reading what you've written over the years. It seems like you've learned a lot of things around having these kinds of conversations with the brain trust. What have you learned about structure versus unstructure?
41:07Lindy:I think you just need both. I set aside Wednesdays as like my no meeting day, which means obviously I have a bunch of meetings on the day. I have like two hours, no more on Wednesdays. But then I make the time on Wednesdays to think in writing. and then every so often and this was actually the case literally yesterday so on Wednesdays it's like our optional work from home day and we have three optional work from home days like Wednesday Saturday and Sunday
41:37Lindy:and literally I was thinking and there's just like there's been like a strategic thing that's been around the companion that's been coming from like a different bunch of different angles and it's been coming to a head a little bit and I was thinking about that yesterday morning and then I was like, hey, and I just pinged like two of these folks in the company that I have this like relationship with. Like, hey, I think we should jam this afternoon. So I just biked to the office and we just had like a, I think, hour and a half, two hour long conversation. It was very unstructured and it's like there's a whiteboard over there.
42:10Lindy:We still haven't wiped it. And it's just like it's, and in the end, I still think we're like in the early phase of like clarifying our minds about this issue. There's this framework that designers talk about. Have you heard of like the double diamond? No. It's, you've got a diamond of the problem and a diamond of the solution. And so it's like you first open up the diamond of the problem, or it's like you discover. And it's like this is when things are most unclear. And then you close the diamond, and it's like when you clarify the problem you're solving really, really narrowly. It's like, okay, this is what we're solving, right?
42:40Lindy:And then you do the same for the solutions. Like, okay, how the hell can we open up? How the hell can we solve this solution? and it's just like 5 ,000 ideas on the board, and then you convert onto a solution. Interesting. That's a beautiful way of articulating.
42:53Flo Crivello:I've never heard that before.
42:54Lindy:And I think some people, one dynamic that can get in the way of that free flow of communication, collaboration, and information is some people feel bad when they're like, I want to jam about something, but I can't even put in words what I want to jam about. It's like that early and that murky right now in my head. And if anything, that's when it's most important to jam about it. You shouldn't come to the table like, hey, I don't really know what I want to jam about. You have some idea, but it's fine if it's very, very loose at first. And that's part of the process. It's a discovery system.
43:29Flo Crivello:Well, I know we're going to wrap up here in a second. Thank you so much for doing this. I would love to end with two questions. It's always really interesting to hear people's answers. The first question is sort of like, it's sort of the bear case for being a solo founder. the reasons that maybe you shouldn't. And then we follow it up with the case for solo founding. So maybe start with the bear case. We'll chop up on that for a minute here, and then we'll switch to the bull.
43:56Lindy:The bear case is, well, if you feel like you lack some critical skills that you need for your specific company, then you probably need to complement those skills with someone who's really good at them and who's going to be important enough for the company to be a co-founder. I think the loneliness is real. In particular, in tough times, I think you can mitigate it somehow, somewhat, by just having those trusting lieutenant relationships. But it's real and it's really painful. You have a lot on your shoulders. The bull case is that you can move so much faster and you don't deal with the bullshit.
44:35Lindy:That's amazing. All right. Well, thank you so much for doing this. This is great. Yeah. Thanks a lot for having me. It was fun.
44:40Flo Crivello:If you enjoyed this conversation, We would love it if you could share solo founders with everyone you know, particularly people who are considering starting companies solo or who are already doing it. You know, the entire goal of what we do is to normalize solo founding, encourage more people to solo found instead of end up with co-founders of convenience. If you'd like, and we'd really appreciate it, you can go leave a review on Apple. You can go give us a thumbs up. You can subscribe on the YouTube channel. Anything helps. And of course, if you are starting a company or considering starting a company, you should go look at the solo founders program.
45:10Flo Crivello:We work together with you in San Francisco alongside of a bunch of other solo founders. The idea is it's much better to be solo together than to be solo alone. I'll spend a lot of time helping you. And we also invest$100 ,000 in your company. So if you're excited to learn more about that, go check out solofounders.com slash program.
From the publisher
Flo Crivello raised about $50M as a solo founder, then watched the market kill the company he'd built. Instead of quitting, he cut deep, pivoted, and rebuilt alone into Lindy — one of the top AI agent startups. This is a clear-eyed playbook on knowing when to kill a company, beating burnout with momentum, and building solo without being alone.
Topics covered:
- Raising ~$50M as a solo founder
- Knowing when to kill a company and how deep to cut
- Why momentum, not rest, is the cure for burnout
- Prospecting for gold vs. operating the mine: where a founder should spend their time
- The solo founder's "brain trust": building support without a co-founder
Guest: Flo Crivello — founder & CEO of Lindy.




