4 ms·
I was under the impression that this idea of cofounders being a huge statistical success factor was pretty much just a myth. Moreover, all reasons given by YC
by tempusalaria 2y ago
I was under the impression that this idea of cofounders being a huge statistical success factor was pretty much just a myth.
Moreover, all reasons given by YC as to why you should have a cofounder are qualitative e.g. https://www.ycombinator.com/library/8h-how-to-find-the-right-co-founder#:~:text=So%20let's%20start%20by%20talking,divide%20the%20work%20up%20with https://www.ycombinator.com/library/8h-how-to-find-the-right....
Would love to see the statistical evidence because if anything it seems to be the other way round and this is pretty much just reflective of YC’s personal preference as it were (and many VCs prefer otherwise). Personally I would only advise someone to take on a cofounder if they already know them well and need their skill set. There is so much risk in a poor fit that it far outweighs any theoretical benefit.
- dang 2y agoI don't have citations for you but I don't think it's anything like a "personal preference" - YC has tons of data on this. But it's fine to apply as a solo founder—many do get funded; and you're quite right—the risk of picking a wrong cofounder is also high and is not something one should do lightly (e.g. just to try to improve a YC application).
- tempusalaria 2y agoThe thing is, YC heavily signals against solo founders. So it seems like there could be a lot of adverse selection in your data where good solo founders don’t bother applying, or good solo founders take on value destructive cofounders just to satisfy YC. That’s then a vicious cycle where YC sees increasingly lower quality solo founders which reinforces their opinions and data about solo founder outcomes.