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 see Prof. Wasserman's complete bio

Event Details:

• Event Date/Time: Wednesday, March 10, 2010 at 9:00am
• RSVP by 10:00pm Friday, March 5, 2010
• Location: Your Office or Home via Telephone Conference Call
• Cost: No Charge; Members Only Event
• We will e-mail conference call details and instructions for submitting questions by the end of day on Monday, March 8, 2010

 Click here to Register!!!

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These -available to all HBS clubs worldwide--are only for paid members of the HBS Association of Orange County (HBSAOC); provide unique opportunities for you to hear directly from HBS professors. .