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The NineHertz • 9m

[This post has been deleted by the creator]

Sajin

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Foundation • 9m

Cofounded 3, rest are purchased

V

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The NineHertz • 9m

After Purchase, Co Founder.

Sajin

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Foundation • 9m

🤔 But after purchase it can never be founded

V

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The NineHertz • 9m

It can be founded as (Co)

Sajin

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Foundation • 9m

No bro founder means 1 founder, Cofounder is used when there are secondary founders. Elon was neither he was an investor and aggressively made others public reveal him as another founder, just like how did in Tesla. PayPal founder Peter Thiel didn't

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V

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The NineHertz • 9m

Investors are also Secondary Founders.

Sajin

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Foundation • 9m

I invested in Tata, i am founder of Tata 😎

V

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The NineHertz • 9m

Shareholders representing at least 5% of the paid up share capital can require the company to call a General Meeting 🤝🏻

Sajin

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Foundation • 9m

But that doesnt make them a Founder. Founder of Tata is and was always Jamsetji Tata, and it can not be changed

V

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The NineHertz • 9m

You = Secondary Founder If you have more than or equal to 5%

Sajin

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Foundation • 9m

Thats not how it works

V

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The NineHertz • 9m

Then ? Explain with percentage.

Sajin

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Foundation • 9m

Bro founder has nothing to do with percentage. Founder is only about finding the company. Founder is not a legal position like Chairperson, CXO, Director etc. Percentage is not used to identify a founder, it is used only for shareholders. Shareholder

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V

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The NineHertz • 9m

We are talking about the Co Founder. Why are you explaining the Founder again and again ? 😂

Sajin

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Foundation • 9m

Because your definitions are wrong. "Co-founder" is a designation given to any founder if there is a team of Founders. If one person creates a company he/she called as Founder. If a team of founders form the company, each founder is termed as a Co-Fo

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The NineHertz • 9m

It is in the news article: Elon Musk co-founded seven companies, including Tesla, SpaceX, and xAI. news link 🔗 mentioned under my post.

Sajin

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Foundation • 9m

Lol he only founded 3 companies, rest of them he purchased. There was a legal fight five years after forming Tesla to make him the Co-Founder because he was not one. The only companies he cofounded are X.com, Zip2, xAI and SpaceX. Rest were purchased

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The NineHertz • 9m

Yes Only 3

Sajin

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Foundation • 9m

Yes xAI became a subsidiary of XCorp

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