Managing Conflicts of Interest: A Founder’s Guide to Related Party Dealings (Corporate Governance in Private Companies, Part IV)
In the nascent stages of a startup, the boundaries between the founder’s persona and the corporate entity are often porous. To a founder, the company is an extension of their vision; it is common, and often operationally efficient, to leverage personal assets, family-owned real estate, or sister concerns to gain traction. In this “scrappy” phase, […]