3 ms·
Right you are. I should have used a different word than "riskier" there as it doesn't really fit my intention. More precisely, I would say that single founder
by mrduncan 17y ago
Right you are. I should have used a different word than "riskier" there as it doesn't really fit my intention. More precisely, I would say that single founder startups are less likely to succeed (therefore riskier to fund if you are funding them). I don't think that there is a coincidence that YC looks at single founder companies more carefully, or that pg listed being a single founder as the #1 mistake that kills startups [1].
Again though, there are plenty of success stories for single founders. I would posture that the ratio of companies which are ramen-profitible to those which aren't is higher for multiple founder startups however.
1. http://www.paulgraham.com/startupmistakes.html http://www.paulgraham.com/startupmistakes.html
- _pius 17y agoMore precisely, I would say that single founder startups are less likely to succeed (therefore riskier to fund if you are funding them). I'd agree with that.