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The Renegades DART of Barbara Arneson Case Jon Zemel Dian Guan Changjie Liu Weijie Kong Zihuan Wee Ben Kenigsberg

The Renegades DART of Barbara Arneson Case Jon ZemelDian Guan Changjie Liu Weijie KongZihuan Wee Ben Kenigsberg

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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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Page 1: The Renegades DART of Barbara Arneson Case Jon ZemelDian Guan Changjie Liu Weijie KongZihuan Wee Ben Kenigsberg

The Renegades DART of Barbara Arneson Case

Jon Zemel Dian Guan Changjie LiuWeijie Kong Zihuan WeeBen Kenigsberg

Page 2: The Renegades DART of Barbara Arneson Case Jon ZemelDian Guan Changjie Liu Weijie KongZihuan Wee Ben 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.

Page 3: The Renegades DART of Barbara Arneson Case Jon ZemelDian Guan Changjie Liu Weijie KongZihuan Wee Ben Kenigsberg

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

Page 4: The Renegades DART of Barbara Arneson Case Jon ZemelDian Guan Changjie Liu Weijie KongZihuan Wee Ben Kenigsberg

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

Page 5: The Renegades DART of Barbara Arneson Case Jon ZemelDian Guan Changjie Liu Weijie KongZihuan Wee Ben Kenigsberg

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

Page 6: The Renegades DART of Barbara Arneson Case Jon ZemelDian Guan Changjie Liu Weijie KongZihuan Wee Ben Kenigsberg

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