When looking for a technical cofounder is it a good idea to partner with someone from out of state? I haven't had much success locally and feel like I have to resort to finding someone out of state to avoid outsourcing the work.
You're asking 50% of the 'right' question. There is no problem teaming with an off-state Technical lead or CTO. Plenty of companies have done this. The real question is:
How do I manage and accurately track the milestones of a CTO who is out of state? (It's a real thinker...)
Because you are not with this person 24/7 or standing over their shoulder, you're really only seeing the milestones as they're completed, and not the process which can be equally as important.
What are the short term/ long term goals I want from this person?
Am I willing to travel to meet them frequently?
How will I maintain communication effectively with this person?
Are our goals aligned? What happens when/if they're not?
In short, you're good; just make sure that when you do get the right person you have a really strong understanding of them- because you won't be standing beside them.
Hope this helps a little,
My team members (co-founders) are located in Europe.
If you get right people on board, it's not a problem to communicate by emails, Slack and Skype calls.
Co-founders needs to be keen and focus on Venture ;)
Again I (mostly) agree with William. Don't feel limited to your local market to find your work partner. However, there are significant benefits to being physically adjacent to your business partner. It's not impossible, but it does require a completely different level of effort to build a business with a distributed workforce.
My initial suggestion is find a way that you can motivate a remote resource to move to where you are, if at all possible (or relocate someplace you can both agree on). There are so many things that this will improve in small ways, it's not possible to list them all here.
And if you have no other option that to work with someone remotely, be sure you simulate being physically in the same space as often as possible (video calls, in-person meetings). Even things as simple as seeing the expression on your work partner's face as they work on their own tasks without you is valuable.