3 ms·
yeah having a co-founder acts as a "vote of confidence". it's a useful filtering tool that allows investors to cull out a large portion of ideas that the creat
by ram1024 18y ago
yeah having a co-founder acts as a "vote of confidence". it's a useful filtering tool that allows investors to cull out a large portion of ideas that the creators weren't able to convince anyone else to support. i'm sure a portion of the ideas were indeed good marketable ideas, but the amount of fat that gets trimmed by this tactic is just too good to pass up.
like say if (hypothetically) Y-comb had 10,000 applications and you could easily work the number down to 6000 to read by cutting the single founders out, then it'd be a good idea to do so. maybe after reading through 6000 ideas you might have some left over energy to skim the others for something that might stand out...