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BSousa | 11 years ago

The idea is to hire as you grow. You can be one founder or 10, at a point, you hire for what you need.

I do agree with GP a bit on the solo founder. Here is the thing, I have enough contacts in the industry that if I wanted, I could form a very good team if I had the money to pay them (thus, the idea of getting investment money as a solo founder), but none of those people would agree to be co-founders as they know the chance of striking it big are very very small and they can clear very very good salaries as employees. Sure, if you are 22 and have a few friends just graduating at the same age, you will find co-founders, but if you are 35+, have 15 or more years under your belt, and most of your network as well, they won't leave very high paid jobs to be co-founders, and honestly, after working with them and knowing what they are capable, I wouldn't want a 22 fresh graduate as a co-founder either (unless he was truly exceptional)

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BatFastard|11 years ago

Everyone over 30 had been thru this cycle before. I brought a number of great co-founders in when I started my first virtual reality start-up in 2000. Then of course we all got burned when the markets crashed in 2001. I even managed to convince some of them to return in 2004 when we got a large contract. We built the company into one of the best in the world in virtual reality product in the world. Only to be screwed by a partner with a much much larger legal budget. I have come to realize the contract disputes are usually won by the party with the larger legal budget. At this point they all just want to ride their companies into retirement.