Two emba students sam and rick launch a company rick has 36, Ask an Expert

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Two EMBA students, Sam and Rick launch a company. Rick has 36% and Sam 64%. They agree on three year vesting of founder’s stock that begins as soon as they start the company. After one year Rick and Sam agree she isn’t staying with the company. Sam decides at that point to set aside 30% of the company to bring on the top talent he needs. After he does this how much stock does Sam own? How much does Rick own?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92653742

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