Its not uncommon for us to evaluate early stage start ups with just two founders. In that case, it heightens the importance of you and your cofounder. You really want to detail your backgrounds, skill sets, knowledge of your target market and (if applicable) your shared history.
Hi Hripsime, great question. In general, I’d say that the weight of factors like metrics versus team gain in importance as a start up ages. For example at series A, team is still usually the biggest factor but traction is weighed heavier than at seed stage. By the time a company is growth stage, investors certainly vet the team but usually spend the bulk of their time on metrics and market dynamics.