My personal take on it is that a situation like that can be prevented from getting out of hand. But that requires a great deal of courage, often putting the entire business at risk. As a founder you will even come across as as a mean guy if you take on the task of enforcing integrity. Judging the integrity of people often means asking very hard probing, personal questions which I suspect is difficult for most founders.
My own thoughts about this:
https://realminority.wordpress.com/
Disclaimer: Not a founder myself, but have observed one at close range.
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