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Yes, the odds of a single founder exiting for 10M is greater than 3 founders exiting for 100M, however, the article fails to take into account the odds of a sin
by yosho 16y ago
Yes, the odds of a single founder exiting for 10M is greater than 3 founders exiting for 100M, however, the article fails to take into account the odds of a single founder start-up being profitable vs a multi-founder start-up being profitable. I believe the second case is much more likely due to the sharing of responsibilities, overlapping skill sets and the ability to bounce ideas off one another.
There's always going to be a trade-off, things aren't so black and white.
- jimboyoungblood 16y agoSince when does one need to be profitable in order to exit? :)