Solo Founders are never taken seriously.
Even Drew Houston was kind of grounded before he found and brought his co-founder Arash Ferdowsi on board. Undoubtedly, that turned out to be the ‘golden nugget’ of an advice.
But this also leads to people rushing on to things, just to have the name of ‘co-founder’ on the pitch deck. And this spells all disaster for the company.
Probably, just the solo founder in most of the cases could have pulled a far better result, than a 1.5 one.
Manish Sinha, founder of Qhojo articulates this mistake here.
“I went into building Qhojo alone. One day, I posted about it on Facebook. An old friend saw it and we subsequently reconnected over beers. I asked him if he was interested in joining and he was. But he said he couldn’t commit fulltime. No problem, I thought. Any help is better than none and all the more if it’s from someone I know and trust.
Only towards the later stages of Qhojo did I realize this arrangement wasn’t going to work out. Building a business (startup or otherwise) requires a massive amount of work and 1.5 people is not enough for it. Furthermore, when the going gets tough (and it will), you need someone there in the trenches with you. I can’t understate how important that is for one’s mental will. Knowing you’re not in it alone is a huge source of comfort on the bad days and awesome energy on the good days. “