I spoke with three founders frantically searching for technical cofounders over the last couple of weeks.
When I asked them why are they looking, they said, “I was told by investors that I needed a team”.
This is when I tell people they should probably slow down because they are walking into the next famous question investors ask you; “How long do you know each other”.
And as you can imagine, saying you met a few weeks ago won’t create confidence.
Be confident that having a cofounder isn’t always better, no matter how much venture capitalists tell you otherwise.
According to
this MIT article (titled “2 founders are not always better than 1”), “Solo founders are more than twice as likely to own an ongoing, for-profit venture than two or more founders. But solo founders are less likely to have ongoing, nonprofit ventures.”
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