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I don't read the data like that. What's missing in that data is how many solo founders there are compared to non-solo. I think you are assuming that their are
by pedalpete 14y ago
I don't read the data like that.
What's missing in that data is how many solo founders there are compared to non-solo.
I think you are assuming that their are an equal number of solo-founder companies as multi-founder companies, but I don't believe that is true. I wouldn't be surprised at all to find that 80+% of companies that are looking for funding are multi-founder. If that is the case, then the odds of getting funded as a solo-founder are equal to the odds of a multi-founder company.
However, we also need to consider how we qualify those companies which are likely to get funding or ready. Many solo-founder companies are not ready, but by the time they are ready, will possibly have added a co-founder.
Either way, the advice I think should be just to keep doing what you're doing. If YOU think you need a co-founder to be active in the company, you get one, if not, you don't. Investment shouldn't come as a result of that decision, unless investors are thinking that you can't do it without a co-founder, and they might be right.