One in three new startups is now solo-founded. Carta’s 2025 data puts it at 36.3%, up from roughly a quarter just a few years ago. The argument writes itself: AI tools handle what used to require a technical co-founder. No equity split means more ownership.
The last 400 U.S. tech exits over 20 years tell a story. The unconventional finding: co-founders who knew each other before consistently exit for less.
Today, Outcast Ventures announced its inaugural fund, establishing a new category of early-stage venture firm built around how founding teams form.
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