4 ms·
The study this relies on has big limitations that should be noted. - It is based on Kickstarter data only, which tend to be specific business models. - The me
by evrydayhustling 4y ago
The study this relies on has big limitations that should be noted.
- It is based on Kickstarter data only, which tend to be specific business models.
- The metric of success is a self-reported "still alive" status, not valuation or other size criteria. Results can be equally explained as "solo founders are less likely to officially close failed businesses than teams".
- teaearlgraycold 4y agoSeems like a business is likely to fall apart if just one of the founders leaves. One founder gives you a success probability of P. Two is P*P. P*P is less than P unless success was 100%.
- beambot 4y agoAt the time that one founder leaves... The company with a solo founder fails 100% of the time, whereas the company with 2+ founders frequently survives to keep trying.