I think there are some real practical implications of being a cofounder vs employee - Right to board seats - Access to the company's bank accounts - Authorized

I think there are some real practical implications of being a cofounder vs employee - Right to board seats - Access to the company's bank accounts - Authorized to approve spend on behalf of the company - Access to HR data, salaries etc - Depending on role/stage, may need to sign tax statements or other legal documents as a company representative - Full insight into the company's financial conditions - Voice when talking/negotiating with investors - Part of all crucial decisions about the company's strategy