Now that the heaviest drama of the Infosys and Tata episodes is behind us, it’s finally possible to speak up for founders and acknowledge these were very different situations; Tolstoy once said that every happy family is alike, but every unhappy family is unhappy in its own way. Founders often have three concurrent roles at company birthing: CEO, director and shareholder. There is an inevitable, important and complicated transition between the three roles, because if you convert a high-energy start-up into a bureaucratic institution too early, you take away its birthright; too late and ...
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