Publications
Publications
- July 2002 (Revised August 2003)
- HBS Case Collection
EXP Systems
By: Malcolm S. Salter and Alison Berkley Wagonfeld
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.)