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9 Key Things Successful Business Partners Always Do

9 Key Things Successful Business Partners Always Do

Are you going into business with the right person? The answer was apparently no in the case of Zipcar’s founders. Here’s what you can learn from them.

I’ve heard this again and again from successful entrepreneurs, and I’ve lost count of how many investors tell me that they put their money behind people–as much or more than ideas. Still, so many people go about this the other way around. It’s especially sad to hear the stories of founding teams that had truly amazing ideas but who fell apart on a personal level.

Take Zipcar, the rent-by-the-hour car service that was founded in 2000, went public in 2011, and was later acquired by Avis Budget Group for nearly $500 million. You won’t find the names of its original founders, Robin Chase and Antje Danielson, anywhere on Zipcar’s website now; its About Us page briefly tells the company’s story without naming them. The reason? Chase and Danielson left the company years ago. According to a new article in The Verge, the two women haven’t even spoken in a decade.

I interviewed Chase for a book I co-authored with Jon Burgstone, so I knew some of Zipcar’s story, but The Verge account adds some context. read more