{"id":623,"date":"2019-08-02T12:41:24","date_gmt":"2019-08-02T12:41:24","guid":{"rendered":"https:\/\/www.startupcompanycounsel.com\/blog\/?p=623"},"modified":"2019-08-02T13:46:56","modified_gmt":"2019-08-02T13:46:56","slug":"how-many-founders-should-my-startup-have","status":"publish","type":"post","link":"https:\/\/www.startupcompanycounsel.com\/blog\/how-many-founders-should-my-startup-have\/","title":{"rendered":"How Many Founders Should My Startup Have?"},"content":{"rendered":"
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Starting a business isn\u2019t easy, especially in San Jose. It takes long hours, passion, dedication, and the help of friends, family, and business professionals. You\u2019ve likely benefited from multiple sources in the formation of your company, but how many founders are too many? Founders can add value to your San Jose startup, but they can also add complexity. The more founders you have, the slower your decision-making processes can be. <\/div>\n
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New businesses in Silicon Valley<\/h1>\n<\/div>\n
can seldom afford to delay decisions and debate business strategy with multiple founders. This may serve to reduce business efficiency and deter clientele.<\/div>\n<\/div>\n

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The <\/div>\n
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San Jose business attorneys <\/h2>\n<\/div>\n
at Startup Company Counsel <\/a>have studied the economic research in this area. We know that most startups should not exceed four founders, and we can help design a startup plan that’s right for your San Jose business. To schedule your free business law consultation with one of our San Jose business attorneys, call us today at (408)-441-7555 or contact us online<\/a>.<\/div>\n<\/div>\n

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The Ideal Number of Founders <\/strong>
\nExperienced business economists have diligently researched this topic, and there is no right answer. Some studies indicate that startups should have at least two co-founders but no more than four co-founders, while other business models encourage multiple co-founders. It’s generally agreed that you should have at least two co-founders because venture capitalists will seldom fund single-founder business ventures, or at the very least, be more stringent in giving funds to a single founder company. Having multiple co-founders adds credibility to your business. Further, it’s recommended that three co-founders are better than two because you’ll always have a tiebreaker vote. This often helps expedite a deadlocked decision-making process.<\/p>\n

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Factors to Consider in Choosing Co-Founders <\/strong>
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\nDon\u2019t include co-founders just for the sake of having co-founders. This can lead to severe problems in the future. Consider the following factors in determining whom to include in your founder\u2019s circle:<\/p>\n