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Maybe multiple founders are necessary when you're spending lots of cash on a founding team, but I don't think they're necessary when you're bootstrapping. The
by trevelyan 17y ago
Maybe multiple founders are necessary when you're spending lots of cash on a founding team, but I don't think they're necessary when you're bootstrapping.
The main argument being made is that founders share pressure. But how much of this pressure is self-inflicted by the need to support a large team or chase aggressive growth strategies that will justify getting funding? So much pressure disappears once you start making money, and if going alone means you've avoided the need to define compensation schemes then you can breathe easily.
I can see why larger teams are more attractive to investors. But I don't think this is good advice to younger technically-minded founders who can do the heavy lifting in creating products themselves and often just lack confidence in themselves or their markets to figure out the rest.