Not if the "founder" experience as a founder was micromanaging a startup of 10 people. I had a PM like that once and he was one of the worse PMs I've had.
I personally disliked being micromanaged. But even trying to leave personal feeling aside, I don't think he knew the team or the product well enough to micromanage the work effectively. It just made everybody more frustrated with him and work.
Well, maybe not everybody, but the others on the team that I talked with. As far as I know after only 9 months 75% of the team had been fired or left.