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Co-founder myth

15 pointsby 20andupover 8 years ago

3 comments

hoodoofover 8 years ago
I don&#x27;t have a co-founder. I did have one once but there was constant conflict about the product vision.<p>I can do everything myself and I don&#x27;t want to run an empire so why give half the company away because someone else says I need a co-founder?
asabover 8 years ago
Appears to exhibit selection bias - what if there is a disproportionately large number of single-founder companies, which fail at a much higher rate than those with 2 or more?<p>The numbers are interesting, but very misleading. It still doesn&#x27;t answer whether it&#x27;s statistically wise to invest in a single-founder company, or help a founder decide how many cofounders they should try to get onboard.<p>If the strongest conclusion possible here is &quot;Hey there&#x27;s still hope&quot; then we didn&#x27;t need all these charts for that sentiment.
Isamuover 8 years ago
The myth is: you can&#x27;t build a startup with one founder. But who started this myth?<p>What PG said was: a single founder is a major reason for startup failure. So it is not recommended.<p>What this article concludes is: plenty of successful startups are single-founder. They don&#x27;t provide any evidence on whether it is a major cause of failure.<p>YC does fund single-founder startups. But they will recommend you get a co-founder.