Founders

Where have I heard this before? 🤔Oh yeah… :)

Operator turned investor. Work in TradFi. Exploring the future of social investing @crossroads.  🟪

How much of this is because they choose to versus the abundance of VCs that simply choose not to invest in solo founders because they stupidly think it's material risk?

It’s a perception challenge. If one person bucks the perceived wisdom, the narrative will shift.

For now…

BDFL of Quilibrium, Eng @ Farcaster, ex-Coinbase, always opinionated, never hydrated

/quilibrium

It’s a perception challenge. If one person bucks the perceived wisdom, the narrative will shift.

For now…

http://10years.firstround.com/

Perhaps it's the metrics they're measuring on with respect to "outperformed", because in terms of running a successful business, this is bullshit: https://www.stern.nyu.edu/experience-stern/faculty-research/venture-investors-take-note-solo-founders-outperform-teams

Maybe they just mean what kind of exit they got?

Building https://getmocha.com // creator of the https://blockchainsmokers.xyz

I don't follow, that sounds like YC agrees with my point?

The facts are super clear on this. It’s statistics so don’t take them personally they don’t apply to one individual. Plenty of people can disprove the rule but the numbers are rock solid on this. YC shared that it’s like 60% less likely to die with solo founders in their data

I believe it was based on markups. To their credit, they did acknowledge the shortcomings of that method.