Dear SaaStr: Is 5 Co-Founders Too Many When Raising Venture Capital?
SaaStr
NOVEMBER 3, 2023
Dear SaaStr: Is 5 Co-founders Too Many When Raising Venture Capital? Yes, it can work. My first venture investment was Pipedrive, it had 5 co-founders and sold for $1.5 Billion. 10 Years of Investing pic.twitter.com/zsSupe0CRP — Jason ✨Be Kind✨ Lemkin ?? (@jasonlk) September 13, 2023 But — it will be a flag. My recommendation: maybe have 2, or 3 max, of the founders be the “C-level founders” going forward.
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