I didn't know this either. Amusing. Many founders do founder. verb (used without object) (of a ship, boat, etc.) to fill with water and sink. to fall or sin

I didn't know this either. Amusing. Many founders do founder. verb (used without object) (of a ship, boat, etc.) to fill with water and sink. to fall or sink down, as buildings, ground, etc.: Built on a former lake bed, the building has foundered nearly ten feet. to become wrecked; fail utterly: The project foundered because public support was lacking. to stumble, break down, or go lame, as a horse: to become ill from overeating. Veterinary Pathology. (of a horse) to suffer from laminitis.