How to
find the
right cofounder for
your startup
This article is part of DBA, a ****** on Mashable about running a business that features insights from leaders in entrepreneurship, venture capital and management.
Many of the new entrepreneurs I meet ask the same question — what if I don't have a cofounder?*
I almost always encourage them to
find one. Having a
cofounder isn't just a nice way to share the burden of late nights searching for product market fit or the sting of
your 34th rejection from VCs —
studies have shown that*having two founders versus a single founder significantly increases chances of success.
Splitting the considerable workload of an early stage company, holding yourselves accountable to do the things you said you were going to do and bringing a variety of skill sets to the table seems to increase the odds of surviving past the first year, raising capital and growing customers quickly.
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Startup Founders,
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