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Listen to this audiobook in full for free on hotaudiobook.com/free Title: The Very First Mistake Most Startup Founders Make Author: Noam Wasserman, Thomas Hellmann Narrator: Fleet Cooper Format: Unabridged Length: 11 mins Language: English Release date: 02-23-16 Publisher: Harvard Business School Genres: Newspapers & Magazines, Business Publisher's Summary: Founders face a wide range of decisions when building their startups: market decisions, product decisions, financing decisions, and many more. The temptation is to prioritize these choices over decisions about how to structure their own founding teams. That’s understandable, but perilous. Our research, forthcoming in Management Science, identifies one of those important pitfalls: founder equity splits, i.e., the way founders allocate the ownership amongst themselves when starting their company.