If you think about it, most travel startups have at least two founders, often with very different skill sets.
Those who go it alone have to do everything alone – technology development, sales and marketing, funding, and so on.
period Singapore WiT Last week, travel founders discussed why they think having a co-founder is the best approach.
Mike McGearty, co-founder and CEO of Mobile Platforms beauty” said having a co-founder — in this case, industry veteran Bobby Healy, who is also the founder and CEO of Manna — is to “better spread the talent.” .
“Very few people are confident about everything, so if you have a co-founder it means you can spread the skills around better. It’s a long journey, so have someone to share that journey with you and have a great time Times, bad times, difficult times, make it easier to get through it,” he said.
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McGearty spoke at a session titled “The Founder’s Dilemma” alongside Fritz Demopoulos, co-founder of the Chinese travel search engine where to go 2005 along with two other founders. Also taking the stage was Ross Veitch, co-founder and CEO of the company. Vigo.
Demopoulos agrees that the co-founders complement each other. “Sometimes you can’t always be on the front lines of the battle. Sometimes you need your co-founders to do that,” he said.
“I think it’s very rare for a founder to actually make something happen.”
Demopoulos, now CEO of Queens Boulevard Capital, said he considered himself investing only in businesses with co-founders.
“I would say there are a few companies that have one lead founder. One of my most successful investments was in an amazing company that had five co-founders who were able to make it work,” he explain.
Meanwhile, Wego co-founder Craig Hewett says it’s important to have someone to “share the load” in the early days because there’s a lot to do. Veitch said it’s also good for founders who are fresh out of college or just a few years into their first job to be “in the trenches” with others.
