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arising from the role subsection</span> </button> <ul id="toc-Issues_arising_from_the_role-sublist" class="vector-toc-list"> <li id="toc-Legal_status" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Legal_status"> <div class="vector-toc-text"> <span class="vector-toc-numb">1.1</span> <span>Legal status</span> </div> </a> <ul id="toc-Legal_status-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Founder_emeritus" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Founder_emeritus"> <div class="vector-toc-text"> <span class="vector-toc-numb">1.2</span> <span>Founder emeritus</span> </div> </a> <ul id="toc-Founder_emeritus-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Founder's_dilemma" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Founder's_dilemma"> <div class="vector-toc-text"> <span class="vector-toc-numb">1.3</span> <span>Founder's dilemma</span> </div> </a> <ul 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data-language-local-name="Bangla" class="interlanguage-link-target"><span>বাংলা</span></a></li><li class="interlanguage-link interwiki-fa mw-list-item"><a href="https://fa.wikipedia.org/wiki/%D8%A8%D9%86%DB%8C%D8%A7%D9%86%DA%AF%D8%B0%D8%A7%D8%B1_%D8%B3%D8%A7%D8%B2%D9%85%D8%A7%D9%86%DB%8C" title="بنیانگذار سازمانی – Persian" lang="fa" hreflang="fa" data-title="بنیانگذار سازمانی" data-language-autonym="فارسی" data-language-local-name="Persian" class="interlanguage-link-target"><span>فارسی</span></a></li><li class="interlanguage-link interwiki-fr mw-list-item"><a href="https://fr.wikipedia.org/wiki/Fondateur_(organisation)" title="Fondateur (organisation) – French" lang="fr" hreflang="fr" data-title="Fondateur (organisation)" data-language-autonym="Français" data-language-local-name="French" class="interlanguage-link-target"><span>Français</span></a></li><li class="interlanguage-link interwiki-ko mw-list-item"><a href="https://ko.wikipedia.org/wiki/%EC%A1%B0%EC%A7%81_%EC%B0%BD%EB%A6%BD%EC%9E%90" title="조직 창립자 – Korean" lang="ko" hreflang="ko" data-title="조직 창립자" data-language-autonym="한국어" data-language-local-name="Korean" class="interlanguage-link-target"><span>한국어</span></a></li><li class="interlanguage-link interwiki-kk mw-list-item"><a href="https://kk.wikipedia.org/wiki/%D2%9A%D2%B1%D1%80%D1%8B%D0%BB%D1%82%D0%B0%D0%B9%D1%88%D1%8B" title="Құрылтайшы – Kazakh" lang="kk" hreflang="kk" data-title="Құрылтайшы" data-language-autonym="Қазақша" data-language-local-name="Kazakh" class="interlanguage-link-target"><span>Қазақша</span></a></li><li class="interlanguage-link interwiki-lt mw-list-item"><a href="https://lt.wikipedia.org/wiki/Steig%C4%97jas" title="Steigėjas – Lithuanian" lang="lt" hreflang="lt" data-title="Steigėjas" data-language-autonym="Lietuvių" data-language-local-name="Lithuanian" class="interlanguage-link-target"><span>Lietuvių</span></a></li><li class="interlanguage-link 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searchaux" style="display:none">Person who creates a new organization</div> <figure class="mw-default-size" typeof="mw:File/Thumb"><a href="/wiki/File:Henry_Dunant-young.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/3/38/Henry_Dunant-young.jpg/220px-Henry_Dunant-young.jpg" decoding="async" width="220" height="308" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/3/38/Henry_Dunant-young.jpg/330px-Henry_Dunant-young.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/3/38/Henry_Dunant-young.jpg/440px-Henry_Dunant-young.jpg 2x" data-file-width="495" data-file-height="693" /></a><figcaption><a href="/wiki/Henry_Dunant" title="Henry Dunant">Henry Dunant</a>, co-founder of the <a href="/wiki/International_Red_Cross_and_Red_Crescent_Movement" title="International Red Cross and Red Crescent Movement">Red Cross</a></figcaption></figure> <p>An <b>organizational founder</b> is a person who has undertaken some or all of the formational work needed to create a new <a href="/wiki/Organization" title="Organization">organization</a>, whether it is a <a href="/wiki/Business" title="Business">business</a>, a <a href="/wiki/Charitable_organization" title="Charitable organization">charitable organization</a>, a <a href="/wiki/Governing" class="mw-redirect" title="Governing">governing</a> body, a <a href="/wiki/School" title="School">school</a>, a group of <a href="/wiki/Entertainer" class="mw-redirect" title="Entertainer">entertainers</a>, or any other type of organization. If there are multiple founders, each can be referred to as a <b>co-founder</b>. If the organization is a business, the founder is usually an <a href="/wiki/Entrepreneur" class="mw-redirect" title="Entrepreneur">entrepreneur</a>. If an organization is created to carry out charitable work, the founder is generally considered a <a href="/wiki/Philanthropist" class="mw-redirect" title="Philanthropist">philanthropist</a>. </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="Issues_arising_from_the_role">Issues arising from the role</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Organizational_founder&action=edit&section=1" title="Edit section: Issues arising from the role"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>A number of specific issues have been identified in connection with the role of the founder. The founder of an organization might be so closely identified with that organization, or so heavily involved in its operations, that the organization can struggle to exist without the founder's presence.<sup id="cite_ref-Pakroo_1-0" class="reference"><a href="#cite_note-Pakroo-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup> "One practical way to cope with overreliance on a founder is to distribute management duties so that others are clearly responsible for important operations. If the founder is on the nonprofit's board, part of the solution is to make sure that the board is diverse, balanced, and regularly infused with new blood".<sup id="cite_ref-Pakroo_1-1" class="reference"><a href="#cite_note-Pakroo-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Legal_status">Legal status</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Organizational_founder&action=edit&section=2" title="Edit section: Legal status"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>The language of <a href="/wiki/Securities_regulation_in_the_United_States" class="mw-redirect" title="Securities regulation in the United States">securities regulation in the United States</a> considers co-founders to be "promoters" under <a href="/wiki/Regulation_D_(SEC)" title="Regulation D (SEC)">Regulation D</a>. The <a href="/wiki/U.S._Securities_and_Exchange_Commission" title="U.S. Securities and Exchange Commission">U.S. Securities and Exchange Commission's</a> definition of "Promoter" includes: (i) Any person who, acting alone or in conjunction with one or more other persons, directly or indirectly takes initiative in founding and organizing the business or enterprise of an issuer;<sup id="cite_ref-2" class="reference"><a href="#cite_note-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> however, not every promoter is a co-founder. In fact, there is no formal, legal definition of what makes someone a co-founder.<sup id="cite_ref-3" class="reference"><a href="#cite_note-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-4" class="reference"><a href="#cite_note-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup> The right to call oneself a co-founder can be established through an agreement with one's fellow co-founders or with permission of the board of directors, investors, or shareholders of a <a href="/wiki/Startup_company" title="Startup company">startup company</a>. When there is no definitive agreement, like a <a href="/wiki/Shareholders%27_agreement" title="Shareholders' agreement">shareholders' agreement</a>, disputes about who the co-founders are, can arise. </p> <div class="mw-heading mw-heading3"><h3 id="Founder_emeritus">Founder emeritus</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Organizational_founder&action=edit&section=3" title="Edit section: Founder emeritus"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Some organizations maintain a connection with their founder by establishing a position of <b>founder <a href="/wiki/Emeritus" title="Emeritus">emeritus</a></b>, either as an entirely symbolic post, or as a position with some power, such as a permanent position on the board of directors. A drawback to such an arrangement is the possibility that the founder will clash with the person who has replaced them as leader of the organization, and that such a conflict will affect the performance of the founder emeritus as a board member.<sup id="cite_ref-5" class="reference"><a href="#cite_note-5"><span class="cite-bracket">[</span>5<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Founder's_dilemma"><span id="Founder.27s_dilemma"></span>Founder's dilemma</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Organizational_founder&action=edit&section=4" title="Edit section: Founder's dilemma"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In some instances, the desire of the founder to maintain control over the organization becomes a problem because, when an entrepreneurial organization is successful, "[i]t outgrows the ability of the founder, or even of a small team around the founder, to control".<sup id="cite_ref-6" class="reference"><a href="#cite_note-6"><span class="cite-bracket">[</span>6<span class="cite-bracket">]</span></a></sup> The <i><a href="/wiki/Harvard_Business_Review" title="Harvard Business Review">Harvard Business Review</a></i> identified this problem as the founder's dilemma, noting that in most successful companies, the founder is pushed out of control by investors within the first few years after the formation of the company.<sup id="cite_ref-7" class="reference"><a href="#cite_note-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup> In some cases, a company may have multiple founders, and a prominent source of conflict can be disagreements between these founders as the company evolves.<sup id="cite_ref-8" class="reference"><a href="#cite_note-8"><span class="cite-bracket">[</span>8<span class="cite-bracket">]</span></a></sup> There are factors beyond the personality and professional accolades of a startup founder that impact the ability of a company to succeed, like trouble in funding, sudden market shutdown, not having the right team or poor scaling plan.<sup id="cite_ref-9" class="reference"><a href="#cite_note-9"><span class="cite-bracket">[</span>9<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Forgotten_founder">Forgotten founder</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Organizational_founder&action=edit&section=5" title="Edit section: Forgotten founder"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Another problem that can arise is that of the forgotten founder, a person who participates early on in the formation of an enterprise, but leaves or is ousted before it achieves success, and then returns to claim a legal right to <a href="/wiki/Equity_(finance)" title="Equity (finance)">equity</a>, <a href="/wiki/Intellectual_property" title="Intellectual property">intellectual property</a>, or some other fruits of that success.<sup id="cite_ref-Bagley_10-0" class="reference"><a href="#cite_note-Bagley-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> To avoid this problem, it is advised that the entity "<a href="/wiki/Incorporation_(business)" title="Incorporation (business)">incorporate</a> early and issue <a href="/wiki/Shares" class="mw-redirect" title="Shares">shares</a> that are subject to vesting over time".<sup id="cite_ref-Bagley_10-1" class="reference"><a href="#cite_note-Bagley-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="See_also">See also</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Organizational_founder&action=edit&section=6" title="Edit section: See also"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a href="/wiki/Founder%27s_syndrome" title="Founder's syndrome">Founder's syndrome</a></li> <li><a href="/wiki/Founder_CEO" title="Founder CEO">Founder CEO</a></li></ul> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Organizational_founder&action=edit&section=7" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist"> <div class="mw-references-wrap"><ol class="references"> <li id="cite_note-Pakroo-1"><span class="mw-cite-backlink">^ <a href="#cite_ref-Pakroo_1-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-Pakroo_1-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite id="CITEREFPakroo2015" class="citation book cs1">Pakroo, Peri (2015). <i>Starting & Building a Nonprofit: A Practical Guide</i> (6th ed.). Berkeley, Calif: Nolo. p. 87. <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <a href="/wiki/Special:BookSources/978-1413320886" title="Special:BookSources/978-1413320886"><bdi>978-1413320886</bdi></a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=book&rft.btitle=Starting+%26+Building+a+Nonprofit%3A+A+Practical+Guide&rft.place=Berkeley%2C+Calif&rft.pages=87&rft.edition=6th&rft.pub=Nolo&rft.date=2015&rft.isbn=978-1413320886&rft.aulast=Pakroo&rft.aufirst=Peri&rfr_id=info%3Asid%2Fen.wikipedia.org%3AOrganizational+founder" class="Z3988"></span></span> </li> <li id="cite_note-2"><span class="mw-cite-backlink"><b><a href="#cite_ref-2">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFSecurities_and_Exchange_Commission2008" class="citation cs2">Securities and Exchange Commission (September 12, 2008), <a rel="nofollow" class="external text" href="https://www.sec.gov/info/smallbus/formddefinitions.htm">"Guide to Definitions of Terms Used in Form D"</a>, <i>SEC.GOV</i><span class="reference-accessdate">, retrieved <span class="nowrap">July 1,</span> 2014</span></cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=SEC.GOV&rft.atitle=Guide+to+Definitions+of+Terms+Used+in+Form+D&rft.date=2008-09-12&rft.au=Securities+and+Exchange+Commission&rft_id=https%3A%2F%2Fwww.sec.gov%2Finfo%2Fsmallbus%2Fformddefinitions.htm&rfr_id=info%3Asid%2Fen.wikipedia.org%3AOrganizational+founder" class="Z3988"></span></span> </li> <li id="cite_note-3"><span class="mw-cite-backlink"><b><a href="#cite_ref-3">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFLora_Kolodny2013" class="citation news cs1">Lora Kolodny (April 30, 2013). <a rel="nofollow" class="external text" href="https://blogs.wsj.com/venturecapital/2013/04/30/the-other-credit-crisis-naming-co-founders/">"The Other Credit Crisis: Naming Co-Founders"</a>. <i>Wall Street Journal</i><span class="reference-accessdate">. Retrieved <span class="nowrap">July 1,</span> 2014</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Wall+Street+Journal&rft.atitle=The+Other+Credit+Crisis%3A+Naming+Co-Founders&rft.date=2013-04-30&rft.au=Lora+Kolodny&rft_id=https%3A%2F%2Fblogs.wsj.com%2Fventurecapital%2F2013%2F04%2F30%2Fthe-other-credit-crisis-naming-co-founders%2F&rfr_id=info%3Asid%2Fen.wikipedia.org%3AOrganizational+founder" class="Z3988"></span></span> </li> <li id="cite_note-4"><span class="mw-cite-backlink"><b><a href="#cite_ref-4">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFKatie_Fehrenbacher2009" class="citation web cs1">Katie Fehrenbacher (June 14, 2009). <a rel="nofollow" class="external text" href="http://gigaom.com/2009/06/14/tesla-lawsuit-the-incredible-importance-of-being-a-founder/">"Tesla Lawsuit: The Incredible Importance of Being a Founder"</a>. <i>Giga Om</i><span class="reference-accessdate">. Retrieved <span class="nowrap">July 1,</span> 2014</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=Giga+Om&rft.atitle=Tesla+Lawsuit%3A+The+Incredible+Importance+of+Being+a+Founder&rft.date=2009-06-14&rft.au=Katie+Fehrenbacher&rft_id=http%3A%2F%2Fgigaom.com%2F2009%2F06%2F14%2Ftesla-lawsuit-the-incredible-importance-of-being-a-founder%2F&rfr_id=info%3Asid%2Fen.wikipedia.org%3AOrganizational+founder" class="Z3988"></span></span> </li> <li id="cite_note-5"><span class="mw-cite-backlink"><b><a href="#cite_ref-5">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFAtkins2019" class="citation book cs1"><a href="/wiki/Betsy_Atkins" title="Betsy Atkins">Atkins, Betsy</a> (2019). <i>Be Board Ready: The Secrets to Landing a Board Seat and Being a Great Director</i>. NEWTYPE Publishing. p. 84. <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <a href="/wiki/Special:BookSources/978-1949709339" title="Special:BookSources/978-1949709339"><bdi>978-1949709339</bdi></a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=book&rft.btitle=Be+Board+Ready%3A+The+Secrets+to+Landing+a+Board+Seat+and+Being+a+Great+Director&rft.pages=84&rft.pub=NEWTYPE+Publishing&rft.date=2019&rft.isbn=978-1949709339&rft.aulast=Atkins&rft.aufirst=Betsy&rfr_id=info%3Asid%2Fen.wikipedia.org%3AOrganizational+founder" class="Z3988"></span></span> </li> <li id="cite_note-6"><span class="mw-cite-backlink"><b><a href="#cite_ref-6">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFWhite2004" class="citation book cs1">White, Colin (2004). <a rel="nofollow" class="external text" href="https://books.google.com/books?id=Ys8cBQAAQBAJ&pg=PA445"><i>Strategic Management</i></a>. Basingstoke, Hampshire: Palgrave Macmillan. p. 445. <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <a href="/wiki/Special:BookSources/9781403904003" title="Special:BookSources/9781403904003"><bdi>9781403904003</bdi></a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=book&rft.btitle=Strategic+Management&rft.place=Basingstoke%2C+Hampshire&rft.pages=445&rft.pub=Palgrave+Macmillan&rft.date=2004&rft.isbn=9781403904003&rft.aulast=White&rft.aufirst=Colin&rft_id=https%3A%2F%2Fbooks.google.com%2Fbooks%3Fid%3DYs8cBQAAQBAJ%26pg%3DPA445&rfr_id=info%3Asid%2Fen.wikipedia.org%3AOrganizational+founder" class="Z3988"></span></span> </li> <li id="cite_note-7"><span class="mw-cite-backlink"><b><a href="#cite_ref-7">^</a></b></span> <span class="reference-text"><a href="/wiki/Noam_T._Wasserman" title="Noam T. Wasserman">Noam T. Wasserman</a>, "<a rel="nofollow" class="external text" href="https://hbr.org/2008/02/the-founders-dilemma">The Founder's Dilemma</a>", <i><a href="/wiki/Harvard_Business_Review" title="Harvard Business Review">Harvard Business Review</a></i> (February 2008).</span> </li> <li id="cite_note-8"><span class="mw-cite-backlink"><b><a href="#cite_ref-8">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFShah2019" class="citation book cs1">Shah, Dharmesh (2019) [2010]. <a rel="nofollow" class="external text" href="https://readwrite.com/2010/10/28/excerpt-from-do-more-faster-avoid-co-founder-conflict-by-dharmesh-shah/">"Avoid Co-Founder Conflict"</a>. In <a href="/wiki/David_Cohen_(entrepreneur)" title="David Cohen (entrepreneur)">Cohen, David</a>; <a href="/wiki/Brad_Feld" title="Brad Feld">Feld, Brad</a> (eds.). <i>Do More Faster: Techstars Lessons to Accelerate Your Startup</i>. Hoboken, New Jersey: John Wiley & Sons. p. 67. <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <a href="/wiki/Special:BookSources/9781119583288" title="Special:BookSources/9781119583288"><bdi>9781119583288</bdi></a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=bookitem&rft.atitle=Avoid+Co-Founder+Conflict&rft.btitle=Do+More+Faster%3A+Techstars+Lessons+to+Accelerate+Your+Startup&rft.place=Hoboken%2C+New+Jersey&rft.pages=67&rft.pub=John+Wiley+%26+Sons&rft.date=2019&rft.isbn=9781119583288&rft.aulast=Shah&rft.aufirst=Dharmesh&rft_id=https%3A%2F%2Freadwrite.com%2F2010%2F10%2F28%2Fexcerpt-from-do-more-faster-avoid-co-founder-conflict-by-dharmesh-shah%2F&rfr_id=info%3Asid%2Fen.wikipedia.org%3AOrganizational+founder" class="Z3988"></span></span> </li> <li id="cite_note-9"><span class="mw-cite-backlink"><b><a href="#cite_ref-9">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFKronenberger2021" class="citation web cs1">Kronenberger, Craig (2021-08-20). <a rel="nofollow" class="external text" href="https://medium.com/startup-studio-insider/mistakes-startup-studios-help-address-3831d1399347">"The Top 10 Entrepreneurial Mistakes that Startup Studios Help Address"</a>. <i>Startup Studio Insider</i><span class="reference-accessdate">. Retrieved <span class="nowrap">2022-02-27</span></span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=Startup+Studio+Insider&rft.atitle=The+Top+10+Entrepreneurial+Mistakes+that+Startup+Studios+Help+Address&rft.date=2021-08-20&rft.aulast=Kronenberger&rft.aufirst=Craig&rft_id=https%3A%2F%2Fmedium.com%2Fstartup-studio-insider%2Fmistakes-startup-studios-help-address-3831d1399347&rfr_id=info%3Asid%2Fen.wikipedia.org%3AOrganizational+founder" class="Z3988"></span></span> </li> <li id="cite_note-Bagley-10"><span class="mw-cite-backlink">^ <a href="#cite_ref-Bagley_10-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-Bagley_10-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text">Constance E. Bagley, <i>Managers and the Legal Environment: Strategies for the 21st Century</i> (2012), p. 650.</span> </li> </ol></div></div> <div class="mw-heading mw-heading2"><h2 id="Further_reading">Further reading</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Organizational_founder&action=edit&section=8" title="Edit section: Further reading"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1235681985">.mw-parser-output .side-box{margin:4px 0;box-sizing:border-box;border:1px solid #aaa;font-size:88%;line-height:1.25em;background-color:var(--background-color-interactive-subtle,#f8f9fa);display:flow-root}.mw-parser-output .side-box-abovebelow,.mw-parser-output .side-box-text{padding:0.25em 0.9em}.mw-parser-output .side-box-image{padding:2px 0 2px 0.9em;text-align:center}.mw-parser-output .side-box-imageright{padding:2px 0.9em 2px 0;text-align:center}@media(min-width:500px){.mw-parser-output .side-box-flex{display:flex;align-items:center}.mw-parser-output .side-box-text{flex:1;min-width:0}}@media(min-width:720px){.mw-parser-output .side-box{width:238px}.mw-parser-output .side-box-right{clear:right;float:right;margin-left:1em}.mw-parser-output .side-box-left{margin-right:1em}}</style><style data-mw-deduplicate="TemplateStyles:r1237033735">@media print{body.ns-0 .mw-parser-output .sistersitebox{display:none!important}}@media screen{html.skin-theme-clientpref-night .mw-parser-output .sistersitebox img[src*="Wiktionary-logo-en-v2.svg"]{background-color:white}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .sistersitebox img[src*="Wiktionary-logo-en-v2.svg"]{background-color:white}}</style><div class="side-box side-box-right plainlinks sistersitebox"><style data-mw-deduplicate="TemplateStyles:r1126788409">.mw-parser-output .plainlist ol,.mw-parser-output .plainlist ul{line-height:inherit;list-style:none;margin:0;padding:0}.mw-parser-output .plainlist ol li,.mw-parser-output .plainlist ul li{margin-bottom:0}</style> <div class="side-box-flex"> <div class="side-box-image"><span class="noviewer" typeof="mw:File"><a href="/wiki/File:Wiktionary-logo-en-v2.svg" class="mw-file-description"><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/99/Wiktionary-logo-en-v2.svg/40px-Wiktionary-logo-en-v2.svg.png" decoding="async" width="40" height="40" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/99/Wiktionary-logo-en-v2.svg/60px-Wiktionary-logo-en-v2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/99/Wiktionary-logo-en-v2.svg/80px-Wiktionary-logo-en-v2.svg.png 2x" data-file-width="512" data-file-height="512" /></a></span></div> <div class="side-box-text plainlist">Look up <i><b><a href="https://en.wiktionary.org/wiki/founder" class="extiw" title="wiktionary:founder">founder</a></b></i> or <i><b><a href="https://en.wiktionary.org/wiki/foundress" class="extiw" title="wiktionary:foundress">foundress</a></b></i> in Wiktionary, the free dictionary.</div></div> </div> <ul><li><a rel="nofollow" class="external text" href="https://books.google.com/books?id=lZjqTQzJW5wC&q=founder%27s+dilemma">The Founder's Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup</a></li> <li><a rel="nofollow" class="external text" href="https://www.fichansraj.org/post/founders-dilemma-pitfall-for-start-ups">Founder's Dilemma: What is it that you truly desire? 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