In his guide “Solely the Paranoid Survive”, semiconductor trade legend and Intel’s founder, Andrew S. Grove provides an in-depth concept about Strategic Inflection Level (SIP). The language of securities regulation in the United States considers co-founders to be “promoters” under Regulation D The U.S. Securities and Exchange Fee definition of “Promoter” consists of: (i) Any one that, appearing alone or in conjunction with a number of other persons, directly or not directly takes initiative in founding and organizing the enterprise or enterprise of an issuer; 19 However, not every promoter is a co-founder. In fact, there is no such thing as a formal, legal definition of what makes any individual a co-founder. 20 21 The best to call oneself a co-founder can be established by an agreement with one’s fellow co-founders or with permission of the board of administrators, traders, or shareholders of a startup firm. When there is no … Read more