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Carl Niedbala

Carl Niedbala

As Managing Partner (Co-Founder & COO), Carl ushered into Founder Shield his rich history of risk management and due diligence experience from an earlier career in the venture ecosystem. Along with growth hacking and investing know-how, he brings a deep wealth of legal knowledge to the table. Carl enjoys tackling challenges with curiosity, so fire away those questions!

Directors & Officers Insurance Key Person Insurance & CFI Errors and Omissions Insurance

Articles by Carl Niedbala

Lumosity’s $2M Fine & the Risk of “Fake It ‘Til You Make It”
January 7 •

Lumosity’s $2M Fine & the Risk of “Fake It ‘Til You Make It”

How Lumosity got in trouble Lumosity, the San Francisco-based company offering brain-training tools, came under fire from the FTC this week for the deceptive advertising allegations.  Director of the FTC’s Bureau of Consumer Protection Jessica Rich said the following: “Lumosity preyed on consumers’ fears about age-related cognitive decline, suggesting their games could stave off memory

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December 17 •

2015 Employment Lawsuits: Where are Startups at Risk?

2015 employment practices lawsuit data is in: which states are at the highest risk? Every company encounters a hiring situation in which things don’t play out quite as planned — hiring is a liability.  A candidate is overly demanding or misaligned with the hiring team, an employee didn’t perform as expected or wasn’t a cultural

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December 10 •

The Importance of Tail Insurance Coverage for Startups

A tail insurance policy is one of the most important risk mitigation tools for a startup approaching an exit. The mission for every founder is pretty much the same: get some traction, get funded, scale rapidly, and hit an exit opportunity.  While the occasional unicorn might be fortunate enough to IPO, most startups go the

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December 5 •

4 Key Things to Look for On Your Business Insurance Quotes

It would be extremely surprising if you didn’t have some questions when looking at your first business insurance quotes.  They’re extremely detailed and certainly not the easiest document to digest.  Here’s a quick overview of the major items you should be looking at on your quote. [Note: this article is mainly pertaining to errors and

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Carl Niedbala In the Media

From Corner Office to Revolving Door: Managing Talent Risk with CEOs and Executive Leadership

August 5, 2025  •   Read Article

How AI Is Putting the Squeeze on Mid-Size SaaS

July 2, 2025  •   Read Article

7 Risk Managment Rules Every CIO Should Follow

April 8, 2025  •   Read Article

Future-Proofing Your Fintech: Essential Strategies for Mitigating Risk

July 1, 2024  •   Read Article

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