 "Illustration: Binay Sinha")
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 you take away its destiny. The
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