
How can impact-oriented founders preserve their missions, even when commercial pressures hit? We studied 20+ companies to answer this one question. This is especially important in AI. That's why we commissioned governance experts Steve Young and @artmin to lead comprehensive research studying companies from @OpenAI, @AnthropicAI, and @Meta to @Etsy, @patagonia and @benandjerrys—interviewing 22 founders, investors, and legal experts along the way. Their research is timely because the AI capabilities that can build a brighter future may build a bleaker one, too. The models that could cure diseases might also help bad actors create pandemic viruses. Tools for cyber defense might also be used for cyber attacks. At Halcyon, we back teams building a secure and resilient future as AI transforms the world. Getting governance right is crucial for these high-stakes businesses. And we hear from impact-driven founders that they WANT to take their missions seriously. Today we're releasing our findings on mission-preservation governance mechanisms for startups. Some examples of mission-preserving governance that work: • @TonysChocoUS's golden share with escalating remedies • @patagonia's permanent mission lock (though few founders will give up that much) There's a clear pattern: No perfect mechanism exists. But layered approaches—legal safeguards + cultural reinforcement + reputational accountability—create real durability. We've packaged this into a practical playbook: decision trees for founders, implementation checklists by stage, and 6 proven governance mechanisms. Founders, investors, board members—if you're thinking about these questions for your own company, reach out. Download the full report today ⬇️



















