Here are data that support giving startup founders super-voting shares and thus control of their companies:

1. Google has 10:1 super-voting equity for its founders. Snapchat doesn’t give shareholders any voting rights. Investors buy stock in these companies every day. 
2. The Credit Suisse Family 1000 research found that companies controlled by their founders build for the long-term, which translates to a competitive advantage over time.
3. Principal-agent theory suggests that agents (investors) may be more short-term focused than principals (founders).
4. Prospect theory suggests that diversified investors would engage in riskier behavior to seek outsized gains. Founders, whose net worth is not diversified, would often prefer the opposite.