The following sentence is in the 2nd conditional, but the verb "found" sounds incorrect:

If I were you I'd found a company.

Shouldn't it be:-
If I were you I'd start a new company. Isn't "found" in this context always in the past tense ?

He founded the company in 1967.

The sentence above sounds more like it, but can one write it in the second conditional?

Help needed !!!

Original Post
The verb "to found," meaning "to establish" or "set up" has these principal parts:

found – founded – founded

The verbs in your sentence are correct. The if clause contains the past form in a present unreal conditional:

If I were you...

The main clause contains would + the simple form of the verb:

I would (I'd) found a company.

It's easy to confuse the verb "find" with the verb "found. The principal parts of "find" are find – found – found.

Here are some examples:

Whenever I shop in that store, I find what I want.
After looking for my lost document for two hours, I finally found it.
The lost puppy was found sleeping in the back of the car.
If I were you, I would find the director right away and explain the situation

They're going to found a new college on that site.
A religious group founded that college in 1798.
The agricultural college was founded in 1865.
If I were you, I would found a company.


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