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Rich or Royal: What Do Founders Want and
How Can They Get Both.
It's a fundamental tension many entrepreneurs face, the conflict between wanting to
become rich and wanting to keep control of their new company. Few can have both.
Professor Noam Wasserman discusses his research into the motivations of
entrepreneurs and the people who invest in them. Key concepts include:

      Entrepreneurs are often motivated by the potential of money and control, but
       very few ever achieve both.
      A fundamental tension between "rich and regal" starts to develop as
       entrepreneurs look to attract resources to grow their ventures.
      Investors need to understand the motivations of the entrepreneurs they back to
       make sure goals are aligned.

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Il si biomed abstract review of rich or king by noam wasserman control vs. wealth in startups

  • 1. Rich or Royal: What Do Founders Want and How Can They Get Both. It's a fundamental tension many entrepreneurs face, the conflict between wanting to become rich and wanting to keep control of their new company. Few can have both. Professor Noam Wasserman discusses his research into the motivations of entrepreneurs and the people who invest in them. Key concepts include:  Entrepreneurs are often motivated by the potential of money and control, but very few ever achieve both.  A fundamental tension between "rich and regal" starts to develop as entrepreneurs look to attract resources to grow their ventures.  Investors need to understand the motivations of the entrepreneurs they back to make sure goals are aligned.