Brian J. Hall, Carleen Madigan, Noam Wasserman
Harvard Business School (801324-PDF-ENG)
December 11, 2000
It describes the problems faced by three young founders of a high-tech startup in Silicon Valley, including hiring an experienced CEO and negotiating with a potential venture capitalist. It focuses on the incentive and compensation aspects of trading with applicants (eg what percentage of capital is appropriate) and with venture capitalists (eg options to exercise options).
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