In your opinion, answer each question to the best of your knowledge.
1. What are the advantages/disadvantages of founding a company with your friends?
2. Why would a founder(s) identify and entice new stakeholders to join their board of advisers?
3. Why would a founder seek a new CEO? Would you do that or would you want to run the business yourself? What is the process used to select a CEO?
4. If the business was successful, how would the role of each founder(s) change?
5. How do would you maintain the culture of a company, when the company is professionalizing with large top management?