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Molson_Hart's profile
Molson Hart
Molson Hart
Molson Hart
@Molson_Hart

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Molson Hart

@Molson_Hart

CEO at http://amazon.com/viahart . CEO at http://edisonlf.com . I tweet about business, e-commerce, supply chain, health, law, & infrastructure

Austin, TX
Joined July 2015

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    1. Molson Hart‏ @Molson_Hart Jan 5
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      Molson Hart Retweeted Paul Graham

      Let’s talk the optimal number of cofounders. First, note that team is the greatest determinant of success, not idea or market, as it is the least changeable. Let’s start with 4+: As PG says, this is a strong signal that you have no idea what you’re doing.https://twitter.com/paulg/status/1213833006789615616 …

      Molson Hart added,

      Paul GrahamVerified account @paulg
      Replying to @AAAzzam
      It's very helpful to have 2 or 3 founders rather than 1. But except in certain specialized domains, more than 3 is often a sign of fear or cluelessness.
      1 reply 0 retweets 2 likes
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      Molson Hart‏ @Molson_Hart Jan 5
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      Usually a single person has an idea and is the driving force behind a new company idea. Each successive cofounder deducts from that drivers equity and may be annoying in other ways. You don’t add cofounders unless you need to, I.e. Jobs needed Wozniak because Jobs couldn’t code.

      7:37 AM - 5 Jan 2020
      • 2 Likes
      • Follow the @TheP0cket - soon launch. Eric Richards
      1 reply 0 retweets 2 likes
        1. New conversation
        2. Molson Hart‏ @Molson_Hart Jan 5
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          So, if this is the case why are solo founders not blessed by Y Combinator? The stated reason is psychology. It’s emotionally draining to start a company and having a first mate makes the lows less low and maybe even makes the highs less high (a good thing too).

          1 reply 0 retweets 0 likes
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        3. Molson Hart‏ @Molson_Hart Jan 5
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          There’s another reason that is much less talked about. Again, as I said, team is most important determinant of success. A team consisting of one Zuckerberg and 2 non-Zuckerbergs will make it. A team of 1, 2, or 3 Zucks won’t. The point is it’s an investor hedge. Add’l cofounders

          2 replies 0 retweets 1 like
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        4. Molson Hart‏ @Molson_Hart Jan 5
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          Typically do not cost investors much equity, while at the same time greatly increase chance of success. A bad cofounder rarely dooms a Zuckerberg. These type of guys just steamroll through the oroblems, no matter what. So in summary, if you’ve got the goods and you’re sure of it

          1 reply 0 retweets 1 like
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        5. Molson Hart‏ @Molson_Hart Jan 5
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          , meaning you can do everything necessary to make it work: code, sell, hire, adapt, pick yourself up when you’re down, don’t get a cofounder. Just do it yourself. All partnerships in business are temporary. One partner is always more motivated, better, etc. Spare yourself the

          1 reply 0 retweets 0 likes
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        6. Molson Hart‏ @Molson_Hart Jan 5
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          Headache of duplicate communication. Just do it yourself.

          0 replies 0 retweets 0 likes
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        7. End of conversation

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