The founder, the spouse, and their start-up

Investors in start-ups are waking up to the risk posed by marital discord

Suveen Sinha

Photo: iStock

There is a somewhat known start-up founder. Let’s call him Mr Founder. Mr Founder quit a job in the United States more than a decade ago and moved to India to set up a start-up. One of his co-founders was his wife.
Mr Founder got entangled in legal hassles and quit his operational role. Ms Co-founder took on more responsibilities. The start-up saw some glory days, but later found the going tough.  
In the meantime, Mr Founder and Ms Co-founder’s marriage collapsed, leading to much ill-will that occasionally spilled over into the public domain. The start-up was sold to a rival at a fraction of its peak valuation and vanished as a brand. Mr Founder now runs another start-up, which, depending on whom you ask, could be doing well.
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of or the Business Standard newspaper

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First Published: Mar 30 2023 | 10:59 PM IST

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