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Slightly against--we're not sure why it is, but 5 or 6 founder companies have (with some notable exceptions) significantly underperformed our average.
by sama 10y ago
Slightly against--we're not sure why it is, but 5 or 6 founder companies have (with some notable exceptions) significantly underperformed our average.
- annerajb 10y agoThanks!
- pabloarteel 10y agoWhat are your guesses about this?
- daveguy 10y ago> we're not sure why I expect it is early burn rate and simply getting too far ahead of your potential income. Half the founders means twice the runway.
- dcposch 10y agoAlso much higher probability of founder drama
- the_watcher 10y agoI've volunteered with 3 Day Startup in the past, which is more about teaching students that entrepreneurship is an option, as well as highlighting the importance of talking to users, but one of the things that consistently came up was that teams greater than 5 were nearly always the team with the most problems. My guess has always been that it's somewhat related to the design by committee or too many cooks problem, but we also never totally figured it out.