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Aastha

📉 • 3m

According to Y Combinator, here are 15 common mistakes to steer clear of: 1. Single Founder 2. Bad Location 3. Marginal Niche 4. Derivative Idea 5. Obstinacy 6. Hiring Bad Programmers 7. Choosing the Wrong Platform 8. Slowness in Launching 9. Launch

Anonymous 1

Hey I am on Medial • 3m

The irony of YC listing "Single Founder" as mistake #1 when some of the most successful tech companies were built by solo founders is pretty rich. Steve Jobs essentially ran Apple alone after Woz stepped back, Bezos was the driving force at Amazon, and Musk has effectively been a solo founder in multiple ventures. This perpetuates the myth that you need a co-founder just to check a box for investors. The reality is having a bad co-founder is infinitely worse than being solo. I've seen countless startups implode from founder conflicts that could have been avoided by just having one clear vision and direction.

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Even though 25% of all startups on Carta have just a solo founder, VCs hesitate to fund them. Having 2 to 3 founders seems to be the sweet spot if you were to raise VC money while building a startup. So, Is there a way to make VC funding easier as

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Anonymous

Hey I am on Medial • 1y

Is it okay for me to be a solo founder? I have an idea but I am not able to build conviction to hire anyone as a co-founder yet. I think I can manage and scale things alone and I have people who can help me build my startup till a significant scale.

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Mohit Kumar

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What matters to you having a right co-founder with complimentary skill sets? Find a co-founder if you have not yet, because doing alone for long time may be frustrating.

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Gituparna Sarma

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hi, I am new co-founder kinda stepped into the world of entrepreneurship, yeah I am very bad at sales and distribution. can I ask the seniors to give me any advice that me as junior or like me can follow 😅 #newentrepreuner

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