I contacted a lot of investors and accelerators. I found most of them don`t care about the product itself too much, but strongly requiring start-up should have a co-founder.<p>Why?<p>Perhaps some of founder them don`t know about programming or designing, so they may need a co-founder like CTO to responsible for that.<p>But what if the founder is good for both programming and designing skills and more, managing the start-up petty by one person?<p>I think finding or hiring an excellent A-player co-founder and employee is hard and impossible for start-up in early stage, but it may be possible after the start-up received funds from investor.
Many accelerators and investors have a basic position that bore out in the research undertaken in 'the startup genome report'.<p>'..the findings confirm what are commonly held beliefs, such as the drawbacks of being a single person founder. Solo founders take 3.6 times as long to reach scale stage as do founding teams of 2 and they are 2.3 times less likely to pivot.'
<a href="http://readwrite.com/2011/05/28/the-startup-genome-project-exa" rel="nofollow">http://readwrite.com/2011/05/28/the-startup-genome-project-e...</a>
Partially, it's a business continuity issue. The other part of it is that startups with multiple founders tend to grow faster as the founders feed off each other.<p>If you're the sole founder, and you die. It's over. Nobody else is going to take over with the same energy, passion, and insight you had.