Virtual Learning Series Event from HBS
                                                                                                                                                                                                                                                                                                                                                                                                                                               
                                    

Virtual Learning Series with Professor Noam Wasserman on Founders’ Dilemma
March 10, 2010 12:00 - 1:00 pm EST   Open To Club Members Only
Professor: Professor Noam Wasserman

Location: Virtual call from your office or home  See details below                            
Cost: No charge 
            Must register by March 5, 2010 at 4:00 p.m
            Call in information will be emailed prior to the call

Click here to register!                                                                            

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.

VLS events are open to HBS alumni club members only, so become a member of HBSA-SNE.