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InterWeb Offers Better Compensation Larger percentage of ownership 0.05% V.S. 0.03% Better financial returns on stock option Assuming 1.BioGene continues growing at the current rate 2. InterWeb performs as projected in its business plan By the end of 4 years, financial returns for Barbara BioGeneInterWeb $66,900 ~ 284,100$600,000 ~ 1,200,000
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The Renegades DART of Barbara Arneson Case
Jon Zemel Dian Guan Changjie LiuWeijie Kong Zihuan WeeBen Kenigsberg
BioGene V.S. InterWeb
We suggest Barbara to:
Take the offer from InterWeb
Work for a couple of months/years before she decides on the direction of her future career development.
InterWeb Offers Better Compensation
Larger percentage of ownership0.05% V.S. 0.03%
Better financial returns on stock optionAssuming 1.BioGene continues growing at the current rate2. InterWeb performs as projected in its business planBy the end of 4 years, financial returns for Barbara
BioGene InterWeb$66,900 ~ 284,100 $600,000 ~ 1,200,000
Non-financial Factors to Consider
Personal Growth product development management
starting her own venture
Type of Projects People & Team High Inertia to switch from a big firm to
a startup
Non-financial Factors to Consider
Opportunities BioGene InterWebProduct Development Working with highly
regarded development team
Intensive working for launch in 1 year
Management Training
Learning by observing
Opportunity of hands-on management experience
Startup Experience Very few Plenty
People & Team Experienced leader and mentor
Young and visionary leaderExperienced team
Inertia to Switch Job Relatively high Relatively low
Reality Test
Risks Mitigations Contingency PlansInterWeb fails to be successful or does not do so well as projected in the business plan
Be open-minded about the fact that it will take her longer to realize her dreams (MBA, traveling etc)
Resigning from InterWeb and looking for other jobs
Barbara finds herself not enjoy working in a startup environment which is too demanding
Think about the cause of unhappiness. Be willing to work harder and contribute more
Looking for other more well-established companies
Barbara focuses only on product development as the whole company is working hard to launch their first product; therefore does not get enough exposure to business management
In later stage of the company, find chances to work on the business and management side Build up good relationship with her fellow engineers and demonstrate leadership and management capability
Joining a bigger company and learning management by observing Applying for a management position in another later stage startup
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