How Many Founders?

Actually, I do not get that question asked a lot because most of the time entrepreneurs come to me already as a team. I think it’s mostly two, but sometimes three and very rarely four, with equal share. I believe that the best structure is to have two founders. first of all, it makes more sense from an equity perspective. You get 50% to begin with instead of 33%. second element which is more important is the management of the company and the relationship between the three founders. Many many times one of the three does not get along with the other two. in most cases the majority of common stockholders in the company can vote out that third founder and basically fire him. assuming he’s vesting, he can lose a lot, not just his job. so, if you want to be a part of a three team founders you should think about having minority protections. The problem is that the VC’s do not like it so much…