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Are Three Founders Better Than One?
Posted By Christine Lagorio On May 17, 2011 @ 6:30 am In Internet and Online Business | No Comments
New research from MIT’s Sloan School of Management [1] suggests this is the case. The MIT study revealed that each additional co-founder—up to four—increase’s a company’s odds of success. Panelists at the Google I/O Conference concurred with the research, citing how venture capitalists prefer investing in companies with multiple founders. GigaOM reports the three main reasons [2] companies with several co-founders find more success than single-founder companies, and how multiple founders makes a company more resilient. Read more from GigaOm [2].
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URL to article: http://technology.inc.com/2011/05/17/are-three-founders-better-than-one/
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[1] MIT’s Sloan School of Management: http://www.inc.com/topic/Massachusetts+Institute+of+Technology
[2] three main reasons: http://gigaom.com/2011/05/13/multiple-founder-startups/
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