I'm at the stage where I'm looking for seed funding and the whole "solo founder = red flag" stigma kind of bums me out. Is this always the case? Is there any truth to teams being more successful? Are VCs skittish about it? The research I find online actually seems to imply that solo founders are just as successful as teams (if not more so).
I've realized that being a technical founder puts me in kind of a weird spot because I want to be the CEO of the company, but I can also wear the CTO hat since I am a software engineer. I do some of the technical work myself, and contract and oversee whatever I can't do. The potential co-founders I've been vetting naturally expect me to focus on just the tech side. And I think having another technical founder is probably overkill and it would be cheaper in the long run to outsource that work than dilute equity. Can't I just hire people to fill whatever role I need (ideally growth & marketing)?
I'm probably overthinking this so don't read too much into what I'm saying, but I would love to get a dialogue going around this topic. Any thoughts or experiences from solo-founders? For teams of founders, how valuable were the skillsets of your co-founders during the very early stages?
submitted by /u/crptq_beats
[link] [comments]
Startups – Rapid Growth and Innovation is in Our Very Nature!