Sections: The distinctiveness of startups and their life cycle

A framework of startup governance

Startups have a unique governance structure deriving from the fact that each stakeholder group has different interests. These diverging interests can cause conflicts and tensions that only in some cases are addressed by existing regulation.

Fiduciary duties, shareholder conflicts, VC-founder conflicts, VC interests, founder-executives

What are some typical conflicts that arise within a startup?

What leads to these conflicts?