Once in a while we get the chance to have knowledge unleashed. Ron Conway has given us a wealth of information this morning, speaking specifically about some of the myths of life as an entrepreneur. While Conway has made some anger-inducing claims (notably that all entrepreneurs are male and you have to be young to see him invest), a bit more calming one addresses single-founded versus co-founded startups.
Conway brings up a graph, speaking from the stage at TechCrunch Disrupt in NYC, in which he shows some rather interesting numbers:
So. Much. Tech.
Some of the biggest names in tech are coming to TNW Conference in Amsterdam this May.
Those are some strong numbers, but have to be taken in context. First off, Conway was speaking of an ideal scenario wherein a young investor would be working with a complimentary co-founder on something that is not his or her first-time startup. These are all important factors to success, and I’d be willing to bet that the numbers reflected above take those into account.
Regardless, there’s a lot to be said for not having to go it alone. In fact, it appears that your $25 or $500 million exit may in fact rely on it.