My MBA course, 15.394 Dilemmas in Founding New Ventures, is designed to increase students' chances of success in their ventures by helping them avoid common team-related mistakes. We explore several dilemmas that founders face--early decision that must be made with minimal information but can have far-reaching consequences. These include

  • forming the founding team
  • splitting the equity
  • hiring and firing early employees
  • wrestling with the tradeoffs of external investors
  • weighing exit options

The class is largely based on case-discussions though with a handful of guest speakers. We also run simulations for splitting the equity, firing, and auctioning off a company.