Any data that show startups with solo founders less likely to succeed?
Data from YC or other large funds, angel groups etc.
Or even market survey from a third party into this?
👤 Frank93 Accepted Answer ✓
Among other results, they found that solo founders were 55 percent less likely to dissolve their businesses than teams of three, and that for-profit ventures founded by lone entrepreneurs were about 2.5 times more likely to survive than team-founded ones. Studies have found that 23% of new ventures failed because the team wasn’t right. So, they are hiring dedicated development teams to win the business. Here’s why dedicated development teams work best for the startups - https://nuvento.com/blog/why-dedicated-it-teams-work-best-fo...