<story><title>Sole Survivors: Solo Ventures Versus Founding Teams (2018)</title><url>https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3107898</url></story><parent_chain></parent_chain><comment><author>Abishek_Muthian</author><text>Being single founder is of high risk venture, as anything with high risk it has potential gains as well.&lt;p&gt;I ran my company successfully as a single founder for 5 years, till one day I was told I would become a quadriplegic &amp;amp; I had to close my company as there&amp;#x27;s no other executive to take care of it.&lt;p&gt;I had Facebook Fb Start accelerated product with 2,50,000 customers , any company expressing interest in acquiring my product wanted me to work for them; which wasn&amp;#x27;t possible as I was recovering from surgery.&lt;p&gt;Being single founder has it&amp;#x27;s merit, but when things go south with your health or anything personal; you&amp;#x27;ll loose your company.</text></comment>
<story><title>Sole Survivors: Solo Ventures Versus Founding Teams (2018)</title><url>https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3107898</url></story><parent_chain></parent_chain><comment><author>sagebird</author><text>The effects may be due to irrelevant artifacts:&lt;p&gt;1.) 
Pairs or more of people working on a task may declare themselves to be an organization and call themselves founders earlier than an individual. An individual may be more likely to wait until they have a customer, are near profitability, etc to make that declaration.&lt;p&gt;2.) The summary says that &amp;quot;investors rarely, if ever, fund startups founded by a solo entrepreneur&amp;quot;.&lt;p&gt;So the observations are confounded with solo founders overcoming this prejudice. This quote also points to a survivor bias in play. IE, solo founders must have higher performance than teams before getting funded, and less of the weak solo founders survive to be observed by the study.&lt;p&gt;I wouldn&amp;#x27;t be surprised if the article had a correct conclusion. Though it would be very hard to convincingly show causality short of convincing entrepreneurs to take part in a decades long experiment where they are randomly divided into solo founders and teams (which would be nearly impossible to get a representative sample of founders to agree to).</text></comment>