The Problem of the Forgotten Founder

Allen Morgan:

As I’ve written in the last two posts, it not infrequently goes wrong because one of the founders doesn’t work out and leaves the company with an equity stake disproportionate to the value he added – to the economic detriment of the remaining founders.

There’s a flip side to this problem as well.

I call it the problem of the “forgotten founder,” and here’s how it works.

Technorati tags: law, startup, founders