Case | HBS Case Collection | March 2010 (Revised April 2012)

Sheila Mason & Craig Shepherd (Abridged)

Abstract

The case describes two individuals who have met and are in the process of starting a company together. Each is still at his/her former employer, and each has signed a different employment agreement that, on paper, may prohibit some of the contemplated acts—i.e., soliciting customers or employees. The case focuses on how individuals should think about leaving their employers in general and how these specific legal agreements may impact the situation in this case. In addition, the case includes issues around dealing with venture capitalists, non-disclosure agreements, as well as how to select and work with a lawyer.

Keywords: Business Startups; Entrepreneurship; Venture Capital; Resignation and Termination; Intellectual Property; Law; Agreements and Arrangements;

Citation:

Roberts, Michael J. "Sheila Mason & Craig Shepherd (Abridged)." Harvard Business School Case 810-114, March 2010. (Revised April 2012.)