OpenAI has undoubtedly succeeded in its product innovations, with ChatGPT. But its governance innovations have failed spectacularly. Put in place to guard...

Startup founders typically face a fundamental tradeoff: They can grow the company, increasing its value and the value of their shares, but to do so they...

Noam Wasserman is a professor in the entrepreneurial management unit at Harvard Business School and author of the "Founder Frustrations" research blog....

Noam Wasserman, Harvard Business School professor, outlines the three Rs: relationship decisions, roles decisions, and rewards decisions.

Are you one of the many executives who'd love to leave the corporate battleship to skipper a speedy, nimble start-up? And are you using a variety of rationales...

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This note offers a new approach to Venture Capital term-sheet negotiations, with actionable steps based on insights from Prof. Wasserman's "Rich-vs.-King"...

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Michael Reich is having severe doubts about how he split the equity with his co-founders two months ago, when they completed a one-page "November Agreement."...

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As his major-league pitching career was starting to wind down in 2006, baseball all-star Curt Schilling decided to become an entrepreneur. Looking to...

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Describes the issues facing a founder-CEO regarding building a board of directors, assembling an executive team, managing tension between co-founders,...

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Hillary Mallow, founder-CEO of ProLab, learns that her health-services company is two months shy of bankruptcy. She needs to act - immediately - but isn't...

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Describes the issues facing a founder-CEO regarding building a board, assembling an executive team, managing tension between co-founders, and outsourcing...

Case Study Reprint

An aspiring entrepreneur wrestles with the challenges of balancing a full-time job and his work on new ventures. Now, he looks to embrace the life of...