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Slicing Pie with a Razor: Ockham Technologies Founding Agreement Case Solution & Answer

Ockham Technologies three founders are about to develop their agreement to create and divide the capital between them. Uncertainty remains over future contributions of each member, but – how is the team to develop a sustainable and effective division? Jim and Ken Triandiflou Burow worked resolutely to plan the launch of sales management software company. Soon recruited a third member, Mike Meisenheimer to spur product development. Each founder has contributed significantly to Ockham concept to life. The trio provided the initial capital of $ 150,000, hired a development team to build your product, attracted serious interest from a potential investor, and readily agreed to their roles within the company (Jim was CEO, Ken was Chief Operating , and Mike was Director of Product Management). But as Ockham entered its initial phase of product development, the pressure began to mount for the team to discuss and finalize a foundation. What should be included in the agreement, and how to structure their capital allocation?
by
Noam Wasserman,
Yael Braid
Source: Harvard Business School
11 pages.
Release: July 29, 2013. Prod #: 814017-PDF-ENG
Pie with razor cut: Creating Settlement Agreement if Ockham Technologies

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