Ramanean
Joined 16 years ago
Joined 16 years ago
How can he say it's a vote of no confidence? It shows he has not experiemented with "single" founder startups or he has not learnt anything about how single-founder startups are run most effectively...(They have to be extra caution when taking decisions as they have to look from all perspectives)I can say much more but there is no use in "saying" this to bunch of people who believe that his article and words are like "Bible" for the startups.
I like to quote a proverb that says "What you see is a lie,What you hear is a lie,So do investigate and find out the truth"
Startup is all about taking risks.If you are not willing to see someone down with good idea and who has pitched it very well just because the startup has a single founder it shows how bad are you.
If he is not willing to take controlled risks then he should not in VC business itself.Someone comes to you with a good but world changing idea but will you reject the person just because he/she is the sole founder of that startup..that shows how bad you are..
Examples of Single founder Startups who became Large MNC's Ebay,Amazon etc.,
P.S : I waited for others to reply!
Within 8 months I made 5 apps which would be useful to people in one way or another..
Contact me @Ramanean on Twitter