How Jess Navigated Co-Founder Breakup and Reunion to Build a Successful M&A Exit

From PWC Financial Forensics to Founder's Edge GP: Building WishRoute Through Partnership Challenges and Now Investing in AI-Driven Startups

Jess went from financial forensics at PWC to building WishRoute (text message marketing for healthcare behavior change), navigating a co-founder breakup and reunion before achieving an M&A exit in 2023. Now as GP of Founder's Edge, she invests first checks in experienced founders at the intersection of AI and user experience while using data-driven founder evaluation instead of gut instinct to make better partnership decisions.

Follow Jess: LinkedIn | Founder's Edge

Key Results

  • WishRoute M&A exit in 2023 after co-founder relationship challenges
  • Now GP of Founder's Edge investing in AI/UX intersection startups
  • 50-60 question founder index to evaluate partnerships objectively
  • 30-50 coffee meetings during co-founder search process
  • Mentored thousands of founding teams across various combinations

Key Insights from the Interview

The 65% Failure Rate That Most Founders Ignore

While everyone focuses on product-market fit and fundraising, Jess reveals the hidden startup killer: 65% of businesses fail because of co-founder relationship issues, not market problems. This statistic drives her approach to partnership evaluation, both as a former founder and current investor.

Her experience building WishRoute taught her that co-founder relationships are more complex than marriage because there's less forgiveness, no legal binding, and enormous financial pressure. The breakup and reunion with her technical co-founder ultimately led to a stronger team when they brought in a head of engineering to complement both their skills.

"Co-founder relationships break as many businesses as they help. Like the data shows 65% of businesses fail because of co-founder relationships. It's not like it's gonna save your company. It could break it more likely than save it."

The Airport Test and Communication Style Discovery Framework

Before committing to any co-founder relationship, Jess developed what she calls the "airport test" - spending extended time together in potentially stressful situations to see how you both handle pressure and whether you actually enjoy each other's company when things get difficult.

Through her WishRoute experience, she learned that mismatched communication and collaboration styles can create significant friction in co-founder relationships. Some founders prefer synchronous work sessions while others work better asynchronously. Some make quick decisions while others need time to process. These differences can be identified early through intentional testing periods.

"Those types of collaboration and communication styles are just so much easier, even if you have diverse thought, if you have the same collaboration and communication styles."

The Hidden Team Credibility Gap That Hurts Fundraising

As both a founder who raised capital and now an investor, Jess identified a pattern that impacts funding success: the disconnect between pitch deck quality and team presentation on LinkedIn. Investors evaluate pitch decks, then immediately research the founding team's profiles to assess credibility and relevant experience.

She noticed that technical team members often have sparse LinkedIn profiles that don't effectively communicate their expertise, while non-technical founders may hesitate to push their technical partners to optimize their professional presentation. This creates a team credibility gap that can hurt fundraising efforts, especially when every detail matters in competitive funding environments.

"I actually wrote out all the things I look at on LinkedIn profiles and all the green, yellow, red flags. When you're trying to attract talent, a co-founder, you first do have to prove that there's something there."

Actionable Frameworks You Can Apply

1. The Airport Test + Project-Based Vetting System

The Challenge: Most founders rush into co-founder relationships without properly testing compatibility and working styles.

Jess's Solution: Implement a two-phase testing approach:

  • Run small projects together with clear deadlines (3-7 days) to assess execution and communication
  • Spend extended time together in potentially stressful situations (walking around city, startup events, travel delays)
  • Test both synchronous and asynchronous collaboration preferences
  • Discuss money, values, and personal situations upfront

How to Apply: Before offering equity or co-founder titles, create 2-3 small paid projects that mirror real working conditions. Pay attention to how they handle feedback, meet deadlines, and communicate under pressure. Use this data to decide on partnership structure.

Unlock 4 More Proven Frameworks + Full Webinar Video

Jess shared five battle-tested frameworks from her experience building WishRoute, achieving M&A exit, and now evaluating hundreds of founding teams as a VC. Get immediate access to the remaining frameworks:

✅ The Founder Index Evaluation System (50-60 Questions)

✅ The Equity Vesting with Milestone Structure

✅ The LinkedIn Profile Optimization Strategy for Teams

✅ The 30-50 Coffee Meeting Co-Founder Search Process

Plus bonus content:

  • Complete 60-minute webinar video with Jess
  • Her co-founder relationship playbook and vetting checklist
  • Founder's Edge investment criteria and evaluation process
  • How to structure equity splits that protect long-term success

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