March 10, 2010
9-10am

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.

This unique series of monthly conference calls with HBS faculty will be available starting September 2009 until May 2010 for all registered Clubs to promote to its HBS Alumni members.

Beginning on September 25, 2009 and continuing monthly (summer months excluded), we will be offering a one-hour audio-only conference call to HBS alumni who are paid members of all registered alumni clubs throughout the world. Each VLS call will feature a topic of significant appeal to HBS alumni, with a selected HBS professor making a brief presentation. A Q&A session, with questions submitted to the moderator in real time, will follow.



To register, click below or email hbsps@qwestoffice.net

A few days in advance all registrants will receive the dial-in information.



Please check here for the full VLS Speaker lineup.

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