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  • March 2023
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FinTunes, Inc., Board of Directors

By: Lynn S. Paine and Jennifer Fonstad
  • Format:Print
  • | Language:English
  • | Pages:10
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Abstract

The board of FinTunes, Inc., a start-up aimed at helping musicians distribute their work and manage their finances, must decide among three candidates to serve as the company’s first independent director. The terms of FinTunes’ last round of financing provided that the decision would be determined by mutual agreement among the board’s members—the CEO (designated by the common shareholders) and the three investor members (designated by the preferred shareholders).

Keywords

Business Startups; Entrepreneurship; Governing and Advisory Boards; Corporate Governance; Music Industry; Los Angeles; California

Citation

Paine, Lynn S., and Jennifer Fonstad. "FinTunes, Inc., Board of Directors." Harvard Business School Case 323-071, March 2023.
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About The Author

Lynn S. Paine

General Management
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  • Governing Sustainability in a Shifting Context By: Lynn S. Paine
  • Critical Choices in Designing a Board: An Overview By: Suraj Srinivasan and Lynn S. Paine
  • Governing Sustainability in a Shifting Context (B) By: Lynn S. Paine and Will Hurwitz
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