While some believe that a new company will encounter serious, debilitating issues if it has more than two founders, Dana Shultz suggests that these issues can be avoided with some extra care given to arranging control and financial issues from the early stages of formation of the business. Although he agrees that with more founders typically comes increased conflict over the distribution of influence and profit, addressing these issues early on before spending time and money building the business can secure agreement on the basics of control and finance, and can allow focus on the growth of the business itself based on trust and confidence among co-founders.
- Summary by FizzLaw Team
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How Many Founders Should a Company Have?