The first deal: the division of founder equity in new ventures
We examine the trade-off between efficiency and equality within the context of entrepreneurial founding teams. Using a formal theory where founders may have preferences over relative outcomes, we derive predictions about the antecedents and consequences of dividing equity equally among all founders....
| Main Authors: | , |
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| Format: | Journal article |
| Language: | English |
| Published: |
INFORMS (Institute for Operations Research and Management Sciences)
2016
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