Definition of "Founder" :

noun: a person who founds or establishes some institution

noun: a worker who makes metal castings

noun: inflammation of the laminated tissue that attaches the hoof to the foot of a horse

verb: stumble and nearly fall

"The horses foundered."

verb: break down, literally or metaphorically

verb: sink below the surface

verb: fail utterly; collapse

"The project foundered."