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Even if the roulette ball drops into the slot 00, the play was still a "big risk", and so was, under the circumstances, insisting on a cofounder. That is, given how much Drew had already done, a cofounder had to be mostly just downside risk. The 'mitigation' had to be minimal. Or, Drew's left hand doesn't fight with his right hand, but cofounders can easily fight. If a cofounder is really needed, then so be it. But a cofounder is always risky, and a single founder who has already done well starting the business has a big advantage just because his left hand won't fight with his right hand. Now a single founder can do much more than in past years, even just five years ago. And here's a big point: always in a startup very much want the CEO to 'understand his business'. In an IT software startup, that includes understanding the software. But software has now changed: E.g., with .NET, nearly everything needed in commercial computing, and a larger fraction of Web site construction, is already in the .NET classes. So, the work is just writing a little 'glue' code between the uses of the classes. So, the coding goes VERY quickly. But what doesn't go quickly is understanding the classes because need about 10 books each of 500-1000 pages and, even for just a Web site, about 3000 Web pages of documentation from MSDN. And, this understanding of .NET is just 'overhead' that have to pay just once per programming task solved with a .NET class actually understand well. So, to 'know his business', a CEO needs to know the relevant parts of, say, .NET. A cofounder can't help here. And once the CEO does have that .NET knowledge, there can be some serious question if a cofounder can add much. Just what the Linux world has in place of .NET I don't know, but it can't be both small and effective. There is other evidence: Look up and down Main Street at the successful businesses that have been started there. Typically there's only one person who is the real 'founder'. Look at research: Bright ideas come first to just one person at a time. Period. Microsoft: A Bill Gates show. Apple: A Steve Jobs show. Berkshire: A Warren Buffett show. Renaissance: A James Simons show. Continue with the one man shows of Kolmogorov, von Neumann, Knuth, etc. and in music Heifetz, Rostropovich, Tchaikovsky, Beethoven, Mozart, Bach, etc. It's tough enough to find a Michelangelo to paint the ceiling. Getting him a 'copainter' who would actually help would be impossible. As you add people to a team, the team regresses to the mean where you don't want to be. And, did I mention fights? Sorry 'bout that. |