Put your idea into action

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Float or Founder episode 25: Derek Hopfner & Shane Murphy

Derek Hopfner, Shane Murphy, and their CTO, Travis Houlette, met years ago while living in Calgary and playing punk rock music. Years later they would create their first business and shortly after, come up with the idea for Founded. Derek and Shane are subject matter experts in the legal profession who saw a gap for small business owners looking for inexpensive and digital legal solutions.

Derek and Shane talk about the importance of being subject matter experts, the fortune of running a business with close friends, and how important it is to put your ideas into action. They learned a lot from running their first business which informed their creation of Founded. They share the process of getting investors and advisors, growing their team, and disrupting an old industry to make it accessible to business owners and entrepreneurs.

About Derek Hopfner

Co-Founder, Founded

Derek Hopfner is the co-founder of Founded, a legal platform that makes it easy to start, build and grow businesses. Thousands of businesses and law firms trust Founded to automate legal work, including incorporations, legal documents, and ongoing compliance, creating a collaborative legal experience.

A former business lawyer, Derek worked for over 6 years at a mid-size law firm focused on helping small and medium sized businesses start and grow. Now, Derek leads marketing and operations at Founded, and shares strategy decisions with the other founders. Derek regularly speaks to industry groups about the future of legal services and to groups of entrepreneurs on how to start and scale companies. He received his law degree from the University of Alberta and degrees in business and philosophy from the University of Calgary. Outside of building Founded, Derek is an avid runner and record collector.

About Shane Murphy

Co-Founder, Founded

Shane Murphy is the co-founder of Founded, a legal platform that makes it easy to start, build and grow businesses. Thousands of businesses and law firms trust Founded to automate legal work, including incorporations, legal documents, and ongoing compliance, creating a collaborative legal experience.

Shane started his legal career at one of Canada's largest law firms and then moved to a business and litigation boutique firm. At Founded, Shane leads all legal products and processes, closely working with the design and engineering teams. Shane also assists with establishing the future strategy of Founded. An expert on startup companies with global ambitions, Shane has appeared as a guest on BNN's "The Disruptors" and provides educational support to entrepreneurs through the Entrepreneurship 101 program at MaRS. He holds two law degrees from McGill University, and a master's degree from the London School of Economics. Shane is a lifelong musician and plays bass in the Toronto-based punk rock band, The Do-Nothings.