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This presupposes a business major is any better at understanding customer needs than an engineer. Given that most startups fail, I'd be willing to infer that neither the typical non-technical founder nor the typical technical founder is particularly good at this.

it's not "a business major", but "a business major who deeply understands a customers need". just any old business major won't do.
> This presupposes a business major is any better at understanding customer needs than an engineer.

You can still derive advantage from specialization even if one party has an absolute advantage in both activities.

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