One of my MIT mentees pointed to me that The MIT Sloan Review ran a much more in depth article on the study by MIT professors Jason Greenberg and Ethan Molnick that showed that solo founders are 2.6 times as likely “to own an ongoing, for-profit venture” than teams of three or more co-founders.
So for those of you interested in more about this subject than I had posted previously based on a Wall Street Journal article, you can read their entire recent working paper.
But founding teams please don’t split up over this research! It’s only one study and your team could well be very successful. But for those of you thinking about doing a startup you might want to reconsider the received wisdom that you need a partner or partners to be successful.