VLS - Founders' Dilemma
Founders' Dilemma - March 20, 2010 - 12 -1pm EST
March 10, 2010
12-1pm EST
Professor Noam Wasserman
Founders’ Dilemma – Recipient of the Class of 2009
Faculty Award, Professor Noam Wasserman will discuss how early
decisions around money and power in entrepreneurial ventures have
important long-term consequences for founders and their ventures.
Professor Wasserman’s research indicates that a founder who gives up
more equity to attract cofounders, new hires, and investors builds a
more valuable company than one who parts with less equity. More often
than not, however, those superior returns come from replacing the
founder with a professional CEO more experienced with the needs of a
growing company. This fundamental tension requires founders to make
"rich" versus "king" trade-offs to maximize either their wealth or
their control over the company.
Click here to Register!!!
|
