Because It Can't Be Said Enough: Choose Your Founders Wisely

I ran into another situation this week where a business completely fell apart and is heading for dissolution solely because of a growing war between the two founders.  I will have more on the details of this in a future post because it is enlightening for startups, but in the mean time, you can find more info on the right way to choose your founders and how to structure your initial equity here in my Founders Series Parts I, II, and III. Remember that you should always set up an agreement between the founders at the beginning of the business, but structure it for the end of the business.