This Is Not The Way To Launch A Start-Up!

Israel is known as "the start-up nation" and so Israelis are 'start-up people'. They are entrepreneurs at heart, thinkers, researchers and developers, fundraisers, advertisers, marketers and salespersons. These qualities and talents needed to ensure success are not usually found in one person alone; indeed, behind every success story we usually find a group of founders. Whatever the roles and responsibilities laid out among them may be, Israeli court rulings have emphasized the importance of founders' agreements serving the future of any venture's fate.

The importance of decisions made by founders before launching a new venture have come up in the stories told of McDonald's and Facebook's early days. However, this importance does not just concern billion-dollar companies that have been the subject of Hollywood films; it also concerns any venture before its launch, whatever its value.