A Common Element In Co-Founder Disputes

According to Noam Wasserstein of Harvard Business School, co-founder disputes are responsible for more than 65% of startup failures.  That's a staggering figure but consistent with my experience working with early stage companies.   

In this video, I discuss a common element I've observed in most co-founder disputes I've seen up close. In it, I point to an underlying source of the conflict that has less to do with the content of the dispute (e.g., different visions, expectations, and so forth) and more to do with how founders relate to their own beliefs and opinions. 

It's perfectly common and natural for co-founders to have divergent views when it comes to their business.  What's decisive in the health and longevity of a partnership is not so much the existence of differing perspectives -- as how founders relate, respond to and allow for them in the context of an ever-evolving partnership and business landscape.

Hope the video helps! Would certainly love to hear feedback on it, so please feel free to comment or reach out. 

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Francesco Barbera

Francesco Barbera is a corporate attorney representing emerging growth corporations in a wide range of industries, including software, technology, digital, fashion, health care, retail and e-commerce. He counsels entrepreneurs, investors and established companies on the full range of their business activities, from formation through raising capital, growth and acquisition.  He has special expertise in the representation of mission-driven organizations and social enterprises.  

Throughout his career, he has represented the National Broadcasting Corporation, the Grammy Museum, Ares Capital Management, Credit Suisse First Boston, as well as privately held businesses in internet, media and technology, mobile applications, consumer products, professional sports, film and television production, among others over the course of his career. 

Francesco began his legal career at two large, international law firms in Los Angeles, where he represented large and small enterprises in a broad range of transactions, from mergers and acquisitions to public and private securities offerings to the formation of partnerships and joint ventures.

Francesco is also the Co-Chairman of the Los Angeles chapter of Conscious Capitalism, Inc.  A lifelong student of psychology and personal development, Francesco holds a Master’s Degree in Spiritual Psychology from the University of Santa Monica and has been trained and mentored by numerous leaders in the personal development arena, including Steve Chandler, Byron Katie and George and Linda Pransky. 

Francesco has also founded and represented non-profit initiatives. He has served as outside counsel to the Los Angeles Leadership Academy, a charter school dedicated to training the next generation of social and political leaders, and he is the founder and former Executive Director of SpiritWalk, a non-profit fundraiser created to benefit the University of Santa Monica.    

Francesco’s writing has appeared in The American LawyerCalifornia LawyerSlate, and others. He served as the Supreme Court columnist and Executive Editor of the Harvard Law Record and was the founder and editor-in-chief of the Penn History Review, the first Ivy League journal in the country dedicated to the publication of undergraduate historical research.

Francesco is an honors graduate of Harvard Law School, cum laude, and the University of Pennsylvania, summa cum laude and Phi Beta Kappa.