Health Craft three founders are about their craft founding contract and split the shares among themselves. Uncertainty lingers over every future member contributions, although – as is the team to develop a lasting and effective cleavage? Since adviser Kevin Rumsfeld conceived the idea for Health Craft, he had worked for decided to build the business by recruiting a talented colleagues, help with marketing and fundraising, and a junior member of a project team its hel … Read more »

Health Craft three founders are about their craft founding contract and split the shares among themselves. Uncertainty lingers over every future member contributions, although – as is the team to develop a lasting and effective cleavage? Since adviser Kevin Rumsfeld conceived the idea for Health Craft, he decided to build the business by recruiting a talented colleagues, worked to help with marketing and fundraising, and a junior member of his project team to help him build the product. All three were working enthusiastically Health Craft part-time work in the last few months, a contribution of personal savings to build a prototype. But now the pressure is on to discuss and finalize a memorandum of association. What they are included in the agreement, and how they should structure their equity split?
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from
Noam Wasserman,
Janet Kraus,
Yael Braid
Source: Harvard Business School
5 pages.
Release Date: 7 December 2012. Prod #: 813101-PDF-ENG
Crafting a founder agreement at Health Craft HBR case solution