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Startup Team Statistics

In the startup world, there is no such thing as a solo entrepreneur or one-man-show.

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163%

Teams with more than one founder outperformed solo founders by a whopping 163% (First Round Capital)



Six Months

On average, it takes six months to hire someone for a startup. (Forbes)



11–50 employees.

Startup failure is most common when the company has 11–50 employees. (Failory)



Find out the other reasons why startups fail.

50%

Only 50% of businesses with employees survive past the first five years.



Experience

Experience alone does not make a team successful — soft skills such as “entrepreneurial passion” + “shared strategic vision” are required as well. (HBR)



CFO

Over 50% of small businesses have a Chief Financial Officer. (Wall Street Journal)



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