India, May 28 -- The journey of building a startup takes founders through many uncharted paths and choppy waters. In the initial days, the drive and passion of the founder or the cofounders is what keeps a startup going, but as it matures and grows, the business needs leaders at every crucial link in the operations. Often startups that begin with one or two founders grow to such great heights that it's impossible for them to see how they could have got there without the contribution of the key members in the team.

This contribution, the commitment to the startup and the fact that some leaders have stuck around even in lean times cannot just be rewarded with salary or stock. In many cases, it means adding them as a cofounder.

This week, ...