Breaking a myth: Data shows you don’t actually need a co-founder

Re:Breaking a myth: Data shows you don’t actually need a co-... by huhtenberg on Saturday August 27, 2016 @04:53AM (#12371616)

> Sooooo… You can start a company alone. Should you?

Only if you are young and without dependents or if you can afford to write the effort off.

Success is one metric, but another metric is the stress levels. Having been through both single- and multi-founder startups I can certainly confirm that former is incomparably more stressful than the latter. Assuming of course you are trying to build a functional company and not just play with it.

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Re:Breaking a myth: Data shows you don’t actually need a co-... by eb0la on Saturday August 27, 2016 @05:16AM (#12371664)

Totally agree.

I remember a beautiful family vacation that went wrong because as a solo founder everything that happened got routed to me.

If you decide to go solo, you will start hiring very soon just to make stuff happening before you run out of bandwidth.

And you'll need really high quality hires... wich need a lot of bandwidth to acquire so plan accordingly (if you can ;-).

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Re:Breaking a myth: Data shows you don’t actually need a co-... by BerislavLopac on Saturday August 27, 2016 @06:46AM (#12371826)

Shouldn't they be considered founders too?

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Re:Breaking a myth: Data shows you don’t actually need a co-... by aries1980 on Saturday August 27, 2016 @07:03AM (#12371860)

I am the first “technical” hire of a startup. I think my contribution to both business capabilities and building the product is significant, maybe as much as a co-founder, but I would never call myself a founder. I founded an other company in the past that I kept running for 9 years, and I can tell the emotional and caring is very different regardless your impact and effort, even if it is 24/7. It is feel like being a stepfather. Maybe the best one, behaving and treated like a real one, but still…

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Re:Breaking a myth: Data shows you don’t actually need a co-... by sokoloff on Saturday August 27, 2016 @09:05AM (#12372184)

IMO, no.

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Re:Breaking a myth: Data shows you don’t actually need a co-... by charlesdm on Saturday August 27, 2016 @06:08AM (#12371757)

It is, however, significantly easier to walk away after several years with a meaningful amount of money. One founder means you get all the profit (either in its entirety, or shared with investors)

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