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I like this question. But I like this question better when adding investors: "Could you imagine this investor conspiring with my COO to force me out?"
Yes, that is also a good question. Though in practice the scenario founders have to worry about is being replaced by someone new the investors recruit.
Can they 'force you out' if you + other founders hold the majority of the shares? No, right? We're talking about companies in which stage? Series C? D?
The answer is “it’s complicated.” Whether they can force you out or not depends on the particulars of the funding documents you’ve signed. “Number of shares” is almost certainly a naive oversimplification as various classes of shares have rights that interact in subtle ways.
1/2 As a founder, my passion is to solve customer's problem. I don't think anyone hired from outside can do that nearly as well as I can. I do recognize that my statement may indicate Dunning-Kruger effect.
2/2 Only the folks who took the idea from napkin to powerpoint to real product can take the company to its potential. Investors should coach and guide such founders instead of replacing from outside.
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