Today we are going to talk about founder-led companies, which can provide high returns for investors – but also be high risk.

From Uber's aggressive expansion tactics under Travis Kalanick, Theranos's fraudulent blood testing under Elizabeth Holmes, and WeWork's unsustainable growth under Adam Neumann, founder-led companies can be more at risk of corporate management shortfalls and pose a need for more rigorous governance standards.

Lawrence Lam joins host Rose Mary Petrass on the podcast today.

He is the managing director and founder of Lumenary Investment Management and the author of The Founder Effect – a book that provides a framework to identify and invest in high-performing founder-led companies.