Originally from Alternatives to the High Cost of Litigation

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In a private meeting at his corner office, the founder-CEO told me, “I should have never taken money from these Wall Street barracudas! I knew it! All he cares about is money, and he is squeezing me to satisfy his own greed!”

The founder was clearly hurt and outraged at the surprising demands.

I was tasked with mediating this urgent, highly-emotional entrepreneurial dispute between the founder-CEO of a promising cancer research biotech startup and the startup’s existing largest shareholder, an investor who was an oil & gas hedge-fund millionaire.

I listened to learn that things were going great up to a just a week ago. Recent lab results six months ago were extremely promising, and despite the technology still being a long way from generating any real product or revenue, it had future potential.