Nanogene Essay Example | Topics and Well Written Essays - 500 words

Nanogene - Essay Example From this study it is clear that  the founders came together with common interest of setting up their own company that would provide breakthrough products in the biotechnology domain such as a product to isolate specific genes responsible for a disease and further help in inventing specific treatments.   Each founder had different expertise within the same domain.   With such diversified experience and knowledge, these founders could foresee a fortune in this company and was thus expecting something similar.   All founders decided that each would draw the same salary and have equal proportion of options.   Paige Miller was an external consultant and was being considered to be hired as the VP Operations. She was expecting to earn much more than what the founders offered considering her experience, market value and the value addition should could make to NanoGene.This essay declares that a â€Å"founder† is an entrepreneur or the starter of a company based on an idea c onceived by himself.   In the present case, the ideation involves five different people and hence five founders of NanoGene Technology.   A founder is intellectually, financially and morally committed to his/her company, whereas an employee is only morally and intellectually committed to the company for which he gets financial or monetary benefits from the company.   A founder owns complete responsibility of the company and the people associated with it.   He is also obliged to follow external social, legal, cultural, and economic policies.