Fundraising

Do investors care if you have a co-founder?

June 13, 2023

The Hustle Fund team has backed plenty of solo founders. But other VCs may have a bias against solo founders. And there are reasons for this.

For starters, being a founder is a hard and lonely journey. It may be challenging to stay motivated during the tough times if you don't have a co-founder.

Co-founders also often bring important and complementary skills to the business. Skills the business needs in order to hit important milestones.

Last – having a co-founder demonstrates that you can work well with others... an important indicator of a good leader.

Now, there may be a workaround. If you can make the case that you've got a team around you that fills the necessary gaps to achieve the milestones you’re going after, that will be a big help.

Being a solo founder with no team is not typically something investors want to see.

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