Solo founders lose co-founders before Series A at higher rates

25-30% of his portfolio lose a co-founder before Series A. Solo Founders Podcast ep 3 is live @chudson of @PrecursorVC has invested in 500+ companies as a solo GP. He's our first VC guest. His take: the co-founder consensus is broken, and you should never give away 40% of your company just to make fundraising easier. 00:59 — Why the co-founder consensus is wrong 02:57 — The 500+ company data set 03:37 — Dead equity and cap table damage 07:21 — Rivalry and resentment 09:29 — The "team sport" analogy deconstructed 11:47 — Talented solo founder vs. mismatched team 13:37 — The emotional journey of solo founding 15:28 — Solo founder advantages 21:07 — Don't give away 40% to fundraise easier 23:25 — Authorship 27:03 — Fundraising advice for solo founders 28:28 — Don't apologize for being solo 36:45 — The solo GP / solo founder kinship 41:06 — Bear case for solo founding 43:22 — Bull case for solo founding