Virtual Learning Series with 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.
These
virtual lunchtime events--available to all HBS clubs worldwide--are only for
paid members of the alumni clubs. Membership in the HBSWA is rolling, so please join any time to take advantage of this special series as well as HBSWA member only events.
March 10, 2010
Noon - 1:00 pm 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.
Wednesday, March 10, 2010
Noon to 1:00 PM EST
RSVP by Monday, March 8th
Dialing-in Information will be Emailed to you on March 9th
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