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Just my 0.02 worth, I was a single founder in a startup incubator. At first I thought that I was missing out on having fellow founders to rely on but from a pu
by helen842000 15y ago
Just my 0.02 worth, I was a single founder in a startup incubator.
At first I thought that I was missing out on having fellow founders to rely on but from a purely performance related POV, by demo day the single founders in the group (about 4/15 companies) were better prepared, further along and were making more income than those with team members.
In fact the more team members there were, the worse they seemed to do. 2 teams didn't even make it to demo day due to falling outs between the founders.
Decisions, paperwork and simple tasks that single founders flew through were serious points of contention with the bigger teams (4+)
I think co-founders for the sake of it is a mistake.
Sure, having a great team is always more productive than being a single founder. However a bad team is not even worth risking.
I'd take up their invitation to their events as that's a generous offer. They obviously saw potential in your product. Don't let them pressure you into building a team if you're happy with how it's going.
- GB_001 15y agoThanks for this, my faith in being better off as a single founder rather than going out of my way to find another founder has been renewed. I'll most likely email them thanking them for the events invite, but say that I would rather try and develop my product more than to jump ship to another.
- andrewhillman 15y ago"I think co-founders for the sake of it is a mistake." Couldn't have said it any better myself.