> Also, they didn't define success. It's mentioned in the paper. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3107898 https://papers.ssrn.com/sol3/paper

> Also, they didn't define success. It's mentioned in the paper. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3107898 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3107898 > First, we examine continuation of business operations at the time of the survey (The options were: “Still in operation as an ongoing for-profit business,” “Still in operation as an ongoing not-forprofit, artistic, or other type of endeavor,” “Still in operation, but acquired by/merged with another organization,” “Not operating as a result of being acquired by/merged with another organization,” “Not operating, temporarily stopped operations,” “Not operating, permanently stopped operations,” and “Not operating for another reason.”) > We also used reported non-crowdfunding revenue based on a 12-point categorical scale ranging from none to over $10 million, using this as a direct measure of company success. > The first model is an unconditional model, and reveals that solo founders do no worse with respect to average income than teams of three or more.