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Investors in general prefer multiple founders, and they want the founders to have roughly equal equity too. In part this is because they want the ability to pus
by petilon 8y ago
Investors in general prefer multiple founders, and they want the founders to have roughly equal equity too. In part this is because they want the ability to push a founder out if he/she isn't working out.
- superplussed 8y agoI also hear that it's protection against a founder quitting. Though this to me seems dubious as I would guess that sole founders are much less likely to quit prematurely (for obvious reasons) than a co-founder.
- KaoruAoiShiho 8y agoReally doubt that this is true.
- cyberferret 8y agoSpeaking from nearly 40 years experience over several businesses - this is VERY true.
- jppope 8y agoFrom what I've seen it also smooths out interactions between founders and staff... people will prefer to talk to one founder over another for certain things.