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Purpose

Latin American investors are commonly suspicious of investing in copreneurial ventures (a male and female couple, integrated as a working team) and show even higher levels of uncertainty when the start-ups are led by a female founder. The purpose of this paper is to address issues related to women as leaders in copreneurial tech ventures and analyses whether these ventures are growth-oriented or conform to limited partnerships aimed primarily to meet their living standards.

Design/methodology/approach

A qualitative, inductive and constructive approach was required for addressing the research question. Three copreneurial women and two divorced copreneurs were interviewed. A grounded theory approach was used to analyze data and emerging themes.

Findings

Copreneurial teams that work in the technology industry have similar and complementary levels of education and skills development. After three years working together, each partner becomes well aware of mutual skills and strengths. This allows them to define their respective roles. Both divide work and family, and have developed a level of mutual trust and commitment that is essential to move forward. Commonly they show workaholic tendencies with a high rational underpinning. All of these factors strengthen collaboration and in many instances this business liaison can remain intact despite a breakdown in the partners’ sentimental relationship. Additional findings show that their growth orientation takes multiple structures.

Practical implications

This study provides information that can help investors make decisions to support copreneurial teams that optimize from the use of diverse talents of female and male partners.

Originality/value

Although representing an increasingly common type of start-up team, copreneurship in technology has not yet capture much attention of scholars as case study in family business research.

Objetivo

Inversionistas latinoamericanos usualmente prefieren no invertir en negocios de coemprendedores (parejas en una relación amorosa y de negocio) y sienten incertidumbre cuando esos equipos están liderados por mujeres. Este artículo aborda los asuntos relacionados a mujeres que lideran equipos coemprendedores en negocios tecnológicos y analiza si ellas buscan el crecimiento de su negocio o se limitan a sustentar el estilo de vida.

Diseño/metodología/aproximación

Responder a la pregunta de investigación requirió una aproximación cualitativa e inductiva. Tres coemprendedoras y dos coemprendedoras divorciadas fueron entrevistadas. Se analizaron los datos y crearon temas emergentes siguiendo la teoría fundamentada.

Resultados

Equipos coemprendedores en la industria tecnológica tienen niveles de educación y habilidades similares y, a la vez, complementarios. Luego de tres años trabajando juntos, ya conocen las habilidades y fortalezas de la pareja. Esto los ayuda a definir mejor sus roles. Ambos tienen un estilo segmentador que divide trabajo y familia.

Desarrollaron un alto nivel de confianza y compromiso que es esencial para seguir adelante.

Son normalmente equipos trabajólicos y muy racionales. Todos estos factores fortalecen la colaboración y permite incluso que el negocio persista por sobre la relación amorosa.

Además, estos equipos están orientados al crecimiento, y de diversas maneras.

Implicaciones prácticas

El estudio incluye información dirigida a facilitar la toma de decisiones de inversionistas respecto a cómo invertir apoyando a los equipos coemprendedores para optimizar la diversidad de talentos de la pareja.

Originalidad/valor

A pesar que es cada vez más común ver coemprendedores como configuración de equipo de start-up, el tema no ha recibido mayor atención de académicos como estudio de casos en la investigación en empresas familiares tecnológicas.

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