New Economy Ethics: YouKnowIt.com

Authors: Badaracco, Joseph L., Jr.; Slack, Kim
Source: Harvard Business School
Year: 2000
Company Name: YouKnowIt.com
Number of pages: 7

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Abstract:

Entrepreneur Janice Schwartz is hoping to grow her start-up company by creating a technical advisory board and compensating members with discounted company stock. Schwartz is considering six candidates that can help her online education company in a variety of ways: as a potential customer, a media maven, venture capitalist, and technical advisor. The case suggests ways of compensating the advisory board and raises questions about whether there are new rules in the new economy about building professional networks, and when offers of equity constitute bribery and wrong doing.