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Interesting point. Is this an issue of governance? To an investor, it's important to not have a single point of failure at the head of a company. If there ar
by mathattack 10y ago
Interesting point. Is this an issue of governance? To an investor, it's important to not have a single point of failure at the head of a company. If there are 2 founders and one loses interest or gets hit by a bus, the company survives. (Or to be more Machiavellian, if one is unreasonable, they can oust them without losing the company) If there is 1 founder, the power dynamics are different, because they have a much stronger hold on leadership and information. And more key-man risk.