Re:Breaking a myth: Data shows you don’t actually need a co-...
by marcosdumay on Saturday August 27, 2016 @08:54PM
(#12374821)
It's evidence investors discriminate against single founders... What isn't really news, is it?
1: 52.3 / 45.9 = 1.1394
2: 30.1 / 31.9 = -1.0598
3: 12.5 / 15.0 = -1.2000
4: 3.7 / 5.3 = -1.4324
5: 1.4 / 1.9 = -1.3571
Maybe the idea is that a single founder situation is preferred, but as creating a startup can be stressful, trying, and involved, maybe doing so with a single partner (that complements your skillset) is a compromise?
I had never considered creating a business with a partner/co-founder. There would just be too many issues. People have a difficult time understanding what I'm trying to do even when I explain it in plain English, so I shudder to think what it would be like if I were doing something completely new/groundbreaking/different.
I can't deal with someone nagging, draining, or getting in the way as I try to do what I'm doing. It's always been fairly clear to me that the route I should take is to found a company solo, then bootstrap it to profitability, while keeping the employee count low (43-73, or 259-585). Then not go public. That is, I should avoid dealing with a co-founder, investors, or the overhead/inefficiency/bureaucracy/politics that comes with having more than a certain number of employees.
Also, it became clear (especially in the world today with so many service-oriented companies to contract out to) that it's entirely possible to do almost anything with 42+me employees (which is the "ideal" number of employees (1 CEO/founder + 6 leads/executives/managers + 6 individual contributors per lead/manager/executive), as there's only one layer of "management").