NanoGene Technologies Inc Case Solution

Case Solution

Describes a company through the beginning-up phase and works on the founders' options regarding splitting the equity and compensation. Also sights creating recommendations and practices that will set a bad tone for that organization since it evolves. Discusses numerous specific action issues including

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Questions Covered

Evaluate the founders’ decisions regarding the split of equity and compensation level. As a potential venture investor in the company, would these decisions concern you?

Evaluate the size and composition of the founding team. What is the difference between being a “founder” and an early employee?

Evaluate Paige Miller as an addition to the team, and assess her compensation demands. Would you hire her on the terms she seeks?

Assess the company’s progress on each of the specific issues discussed in the last section of the case: the hiring process; a compensation policy; the company’s culture.  Specifically, in each of these areas, what should the company do?