Strictly speaking? No. We have seen a decent number of companies come through the Kitchener-Waterloo startup ecosystem as sole founders. A large percentage of those (and a higher proportion than multi-founder companies) are still 1-person companies when they exit the program.
So as a whole, it is totally fine to start a 1-person company if you are OK to start from a place that has, based on our data, shown a pattern of lower growth.

My own theories here are that having an additional people on the team lead you to have discussions verbally, which steps up the formality and…

Pat Martinson

Hardware startup guy, aspiring Dungeon Master, ice cream sandwich enthusiast

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