Successful startup needs 2.09 founders to make it big!

It’s just that you need to figure out how do you get the 0.09 part!

Chan presents an interesting analysis of few successful startups [Goog, M$, Digg, eBay etc..] and the final outcome of his ‘useless stats’ [as he calls it] is that two heads are better than one!
Actually, its not 2. But 2.09!! :)

CoFounders - it takes two to tango

CoFounders - it takes two to tango

On a serious note, Paul Graham [of YCombinator] strongly believes that single founder is most likely, a doom in waiting.

What’s wrong with having one founder? To start with, it’s a vote of no confidence. It probably means the founder couldn’t talk any of his friends into starting the company with him. That’s pretty alarming, because his friends are the ones who know him best.
But even if the founder’s friends were all wrong and the company is a good bet, he’s still at a disadvantage. Starting a startup is too hard for one person.

Even if you could do all the work yourself, you need colleagues to brainstorm with, to talk you out of stupid decisions, and to cheer you up when things go wrong.
The last one might be the most important. The low points in a startup are so low that few could bear them alone.

When you have multiple founders, esprit de corps binds them together in a way that seems to violate conservation laws. Each thinks “I can’t let my friends down.” This is one of the most powerful forces in human nature, and it’s missing when there’s just one founder.

Hmmm…Mike presents a different picture altogether. An interesting read.
All said and done, be it a single founder or 5 of them – there are other criterias too that makes/breaks a startup. I, for sure wouldn’t want to please VCs just by teaming up with people who don’t share the same passion/enthu. I would rather go solo.

What do you guys think?

 
  • Related Articles

    1. Startup Juice: From hobby to successful business
    2. Social Drinkers more successful than Teetotalers?
    3. Tips for Entrepreneurs – Make sure that the dog wants to eat the dog food.
    4. Love Blogging? Make some money too [1.5 crores] !!
    5. Why Rediff’s Unlimited storage doesn’t make sense
  • comment(s) on Successful startup needs 2.09 founders to make it big!

    3 Responses to Successful startup needs 2.09 founders to make it big!

    1. Pingback: Jhoom.in social network for indian music bollywood fan shortcircuited |Coverage of Indian Startups, Business

    2. I personally think that its good to have 2 or 3 founders .. but its better to be single than to team up with people who are not on the same plane .. and that can happen more often that not .. I have personally experienced it and have seen other people experience it

      Paul Graham is talking of the US, where the attitude is there .. so not showing interest by someone means .. the idea is not good .. I don’t think its the same in India … mostly here its about the risk and the fact that most startups demand a fulltime commitment

      My 2 cents :)

      Regards
      Prateek

    3. S Nathan says:

      “two heads are better than one”.If that two is not in same direction,you can call quit.I personally experienced this.
      In startup choosing a partner is tougher/important than choosing a girl for marriage. because,
      you spent most of the hrs with them than your wife.
      if people(partners) are not in sync,it defiantly end of that startup.
      So don’t pick a person as your partner only he is your friend or u know him.