We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

NanoGene Technologies,Inc - Book Report/Review Example

Comments (0)
Summary
Will Tompkins left his job at Eastern Institute of Technology’s Advance materials Science Lab (AMSL) to establish NanoGene Technologies, becoming its CEO, which was founded by him along with his four colleagues from AMSL. The founding team included Don Rupert, the head of AMSL…
Download full paper
GRAB THE BEST PAPER
NanoGene Technologies,Inc
Read TextPreview

Extract of sample
NanoGene Technologies,Inc

Download file to see previous pages... kins and his team tried to formulate the future strategy for the company, he held meeting with Susan Stone, a venture capitalist, whom Tompkins wanted to become the lead investor in the company. Apart from this the founding team wanted to recruit Paige Miller as VP (operations) of NanoGene. The founding team members wanted Miller on board as she had experience in Life Sciences industry, after graduating from Harvard Business School in 1995.
However, Ms Miller was supposed to join the management team, not as a founding member of the company. In addition, size of the founding team was considered to be big by the VC Stone. This view was expressed by other VCs also, who thought that apart from being too large size the founding team had no member, who had any experience of commercialization, as none worked in a company, prior to this.
Since compensation, be it for employee or any founding member, is directly related to the venture funding; Stone had concerns about the equity distribution pattern among the members and salary for CEO, apart from size of the team being more than normal three. Tompkins discovered during his meeting with her that the compensation of $120000 was low for CEO, while the other members should be treated as senior scientists with a compensation figure of no more than $95000. However, resolving this issue could not be any easy task, as Mark Masterson earned $90000, before the team founded the new company, while Tompkins earned $80000. Ravi Rhoota and Garfield earned $65000 and $55000 respectively. Considering the support of Ruport to the newly founded venture, an Angel investor agreed to arrange an investment of $60000, having a post-money evaluation of $2.5 million. Accordingly, the founders agreed on the financing pattern for their own investment. This schedule included immediate funding, equally distributed, to the tune of 20%, followed by same percentage towards the end of first year and balance investment of 60% to be covered at the rate of ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Capitalizing on Marketing Trends
The research has featured some CMOs of some top companies in the country. This help serve the purpose to show how these companies are reaching their customers while managing to cut their marketing costs. Marketing of products mainly involve means advertising and making sure that the larger customer base get the opportunity to know about a certain product, and even purchase these products.
4 Pages(1000 words)Book Report/Review
How does the traditional view of the business mission differ from the new approach
35-36). Furthermore, Hutt and Speh (2010) also cited that the business mission is a fundamental core for business strategies and that it has to be broad in order to generate innovative concepts (pp. 131-132). The paper aims to discuss the differences of the traditional and a new approach of business mission.
3 Pages(750 words)Book Report/Review
Groundswell: Winning in a World Transformed by Social Technologies
This becomes a challenge for companies because Groundswell is a trend in which consumers use technologies to acquire goods from each other rather than from the company itself. Consumers are those that are in charge of the going in and out online. Much of this as a challenge, companies now are using Groundswell to play for their advantage.
3 Pages(750 words)Book Report/Review
Apple - function and form
Apple Inc. is one of the leading organizations within the global consumer electronic goods industry. The report will investigate the competitive strategies that are adopted by the firm in order to gain potential competitive advantages. Several academic models and theories have been applied in this report in order to determine and evaluate the adopted competitive strategy by Apple Inc.
7 Pages(1750 words)Book Report/Review
Assignment
I base my point on the fact that the consumption of free music on the internet eventually destroys the music industry. Technological advancements should not be an excuse for people to abuse the rights of others. I would argue that the current
1 Pages(250 words)Book Report/Review
Report of Business Ethics in AT&T Inc. (Telecommunication company)
All these areas have their own role to play in the way people interact in terms of business and also in the social setting (Donaldson, Werhane and Zandt, 213-295). For example, the virtue ethics are necessary in business and especially when dealing with
6 Pages(1500 words)Book Report/Review
How did Jawaharlal Nehru and the top INC leaders modernize the political systems of India according to Subrata Mitra (2009: 31, 45)
Going through Mitra’s (2009: 31) account on the political institutions and policy process in India, I cite the following sentences as containing Mitra’s thesis of the Indian state model and the model of the
1 Pages(250 words)Book Report/Review
E-business and value chain
First case is a very famous innovative company Google Inc. which is considered to the research engine giant. Google is considered to be the truly innovative company which has bring many
12 Pages(3000 words)Book Report/Review
Book review of Ed Catmull and Amy Wallace. 2014. Creativity, Inc. New York
A book demonstrates how to establish a creative culture. For almost a period of twenty years, Pixar has led the animation world. The movies of Pixar are an object lesson of what creativity entails. Catmull shows the
2 Pages(500 words)Book Report/Review
Translation technologies
These translation memories work on the basis of analyzing the submitted words and comparing them with the already translated segments. The
6 Pages(1500 words)Book Report/Review
Let us find you another Book Report/Review on topic NanoGene Technologies,Inc for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us