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  • July 2002 (Revised August 2003)
  • Case
  • HBS Case Collection

EXP Systems

By: Malcolm S. Salter and Alison Berkley Wagonfeld
  • Format:Print
  • | Pages:19
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Abstract

Discusses selecting investors and avoiding board-level conflicts of interest in start-ups. Using the "term sheet" in third-round financing as a negotiation over future governance and control rights. A rewritten version of an earlier case.

Keywords

Conflict of Interests; Governance Controls; Governing and Advisory Boards; Business Startups; Management Teams

Citation

Salter, Malcolm S., and Alison Berkley Wagonfeld. "EXP Systems." Harvard Business School Case 903-022, July 2002. (Revised August 2003.)

About The Author

Malcolm S. Salter

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