Why Do We Need a Cofounder

One of the old topics in the startup world, we often talk about whether we need co-founders or not.

Arguably, You need co-founders because in most cases you can’t afford to pay salary for your employees. Most startups in the early stage, it is critical to manage their burn rates. if you don’t have co-founders. You will have to hire someone, burn your savings or your progress will be much slower than others.

if you can hire someone from day 1, probably, you don’t need the VC money or you are lucky enough to run your business as profitable.

Ironically if you see OpenAI, all co-founders left except one guy. But still people want to invest in them. who know this guy makes them leaving but probably at a certain stage, co-founders even the CEO are not that important anymore for the investors. as long as the company is working in a way.