Multi-founder startups are great and give the company an advantage from the onset. When you have two or more co-founders you get to have people who bring different talents and skills to the table along the workload is amongst them.
Take Apple, for example, one of the top five companies in the world today. Founded by Steve Jobs, Steve Wozniak, and Ronald Wayne. Wozniak is the technology guy who did the hardware and programming, Jobs is the marketer and industrial designer.
These two together meant great products can be created and be able to reach the people.
The problem with multi-founder startups though is what happens when ideas clash and decisions have to be made. Much like big corporations where one decision has to pass through a long chain of command before it’s made, multi-founder startups sometimes find themselves with the same problem.
When one founder faces a problem, it has to be discussed and once everyone is happy a decision can be made.
In some cases when the initial idea doesn’t work and it’s time to pivot to something, this has to be a long discussion among the founders and depending on the structure set early on, every minor decision could require a meeting which eats away crucial time that founders could spend working on the product and taking it to market.
It’s usually best to choose someone to play the CEO role, trust them to make all the decisions, and make them fast, and keep the company moving forward.