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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. 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.

Event Details:

  • Event Date/Time: Wednesday, March 10 at 12:00pm
  • RSVP by 10 PM Monday, March 8, 2010
  • Location: Your Office or Home
  • Cost: No Charge; Members Only Event
  • We will e-mail conference call details and instructions for submitting questions by the end of day on Tuesday, March 9, 2010
  • Organizers: Bruce Marcus '80 (Moderator), HBS Alumni Office

 

These lunchtime events--available to all HBS clubs worldwide--are only for paid members of the HBS Association of Boston (HBSAB); provide unique opportunities for you to hear directly from HBS professors. Please consider becoming an HBSAB President's or Regular club member and enjoy the many benefits membership provides.

 

 

 

 



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