Re: Definition of founder

Best way to settle this is to call him a "Founding Partner" not a Founder.

S Chadha wrote:

> I am looking for people's opinion on definition of "Founder" of a company.
> 
> Here is the background:
> 
> I founded a company in May 2002 and hence I was the "founder" of
> the company. When I founded the company I had a few employees
> as I raised some seed funding.
> 
> In December 2002 a friend joined me. He is a great worker and
> contributed in a major way. As we were running out of money, for
> a few months he worked for no or little money.
> 
> He finally asked me if he can be a co-founder of the company.
> I was OK him to be "co-founder" because of his contributions, however 
> I do not want to give up my "founder" status.
> 
> Any and all thoughts are appreciated.
> 
> (As entrepreneurs most would understand the importantace of this
> intangible satisfaction of being a founder)