Ockham Technologies' three founders are about to craft their foundation agreement and divide the equity among themselves. How is the team to devise an effective and durable schism? Jim Triandiflou along with Ken Burows worked out continuously to devise a plan for launching of sales management software organization. Shortly they recruited a third member, Mike Meisenheimer, to direct product development.
Each founder had contributed to bringing the Ockham concept to life. However Ockham entered its introductory time period of product development, pressure started to build up for the team to talk about and finalize a foundation agreement. What should they include in the deal, and how should they structure their equity split?
Slicing Pie with a Razor Ockham Technologies' Founding Agreement case study solution
PUBLICATION DATE: July 29, 2013 PRODUCT #: 814017-HCB-ENG
This is just an excerpt. This case is about INNOVATION & ENTREPRENEURSHIP