# The controllable founder: what changed in v1.3.0, sgit.ai > The changes to the article "The controllable founder" in v1.3.0, paragraph by paragraph. *Source: · sgit.ai v0.7.87 · this file is generated from the same content as the page, so the two cannot drift. Every page on this site has a `.md` twin; internal links below point at them.* --- [Home](../../../index.md) / [Articles](../../index.md) / [The controllable founder](../../the-controllable-founder.md) / [Versions](../the-controllable-founder.md) / v1.3.0 # The controllable founder: what changed in v1.3.0 From v1.2.0 (2026-10-18, `de821285d`) to v1.3.0 (2026-10-27, `db67c5ce1`), paragraph by paragraph. 0 paragraphs added, 0 removed, 3 changed in place, 57 unchanged. About 0 words added and 95 removed. Insertions are marked like this, deletions like this; unchanged runs are folded to one line; figures appear as their file names. [← v1.2.0](v1.2.0.md) · [all versions](../the-controllable-founder.md) 2 unchanged paragraphs !shot fo-survivors.webp | images/ | WeSurvivorshipstudybias:the survivors: of everyonethose who made the same moves, a few won and are studied;studied, while others were funded, did the same and failed; most did the same and were never funded. A risky practice can be unrelated to success across everyone and still look like its cause among survivors.failed. Illustrative. | comparison 14 unchanged paragraphs, under In short {#in-short}, The survivors we study {#survivors}, Who is the commodity {#commodity} !shot fo-commodity.webp | images/ | Who is the commodity: in music, the songs, the producers, the venues and radio stay scarce while the performer is moved towards commodity; in venture,musicthe investor's network stays scarce whileand the founder isinmoved the same way.venture. A sketch of the argument, not a measured map.measured. | architecture 9 unchanged paragraphs, under Why one and not the other {#why}, Control is written into the contract {#contract} !shot fo-control.webp | images/ | Control moves with performance: when a company performs poorly, investors take full control; as it improves, the founder gains control; when it performs very well, investors keep their cash-flow rights but give up most control. A schematic of Kaplan and Strömberg's finding, not their data. | comparison 32 unchanged paragraphs, under Founders get replaced {#replaced}, Luck, place and timing {#luck}, The investors' answer, and the long run {#answer}… [← v1.2.0](v1.2.0.md) · [all versions](../the-controllable-founder.md) --- *[Site index for agents](../../../llms.txt) · [HTML version](https://newsroom.sgit.ai/articles/versions/the-controllable-founder/v1.3.0.html)*