I have the same issue with this drama's watchers as I did with those of "Rising with the wind". Everyone calling…
I agree with you. I am surprised by the large number of comments talking so negatively against JX. This is a relationship drama, so people cant be expected to stay cool esp someone whose personality is warm and emotional. Also most people in business are ego driven and passionate. Employees can be cool and collected, founders cannot. Investors will mostly focus on money in real life and so they may be successful at their job tend to terrible at relationships. Start up investor founder relationships are complex esp when things go south, hence the need for everyone to have lawyers. Relationships are even more complex. Combine the two and things will get messy with mistakes on all sides.
He is an investor and not a founder/ceo. Almost everone makes mistakes with their first start- up . The smarter…
TBH in real life they would and should break - up. They do have different thing they want in life and in business and HT should not have invested in JX start up if he didnt believe she was the person for the job and wasnt ready to back her up all the way to an IPO. Start ups are bound to their founders. Many different start ups have the same idea, and as an investor you choose the founding team that you think can take the idea to success. I want a happy ending only because in dramas I want a happy ending.
He is an investor and not a founder/ceo. Almost everone makes mistakes with their first start- up . The smarter…
I actually just dont understand why he cannot. I guess this situation was created only for the ourpose of the story. There are very specific situation where you keep investments secret. In case of investment in two competitors you definitely should disclose that the situation exists and how it will or will not impact the company. It would definitely create a lot of bad blood when it comes out and you would get advise from lawyers whether there is a possibility to sue the person that such info was not disclosed. The only reason it may not apply here is because JX is new to start ups and she did not have good lawyers
He is an investor and not a founder/ceo. Almost everone makes mistakes with their first start- up . The smarter…
The most sucessful people fail again and again, they learn to pick themselves and do better next time, or they may learn that risk taking doesn't work for them but its your own journey with hopeful a good support system behind you professionally and personally. Almost every founder is groomed by investor. Most are raw when they start off.
He is an investor and not a founder/ceo. Almost everone makes mistakes with their first start- up . The smarter…
Thats very condesecending. Not all women want to sit back and have a guy feed them. Even if you fail, what you do on your own, is your achievement. You learn and move on though the process is dificult.
He is an investor and not a founder/ceo. Almost everone makes mistakes with their first start- up . The smarter…
Also, not sure why investment would be a secret. Most investors and start up want it know that an investment happened. Unless the start up is in stealth mode and thats the really early stage and quite uncommon
He is an investor and not a founder/ceo. Almost everone makes mistakes with their first start- up . The smarter…
I was focussed on the Hanhai discussion because to me that it what caused the break up. I generally skip other legalese because i will sit there getting frustrated by the inaccuracies.
He is an investor and not a founder/ceo. Almost everone makes mistakes with their first start- up . The smarter…
Yup see thats not how it works in real life and as I said earlier, thats a hostile takeover. Will 100% leave behind a lifelong bitterness between parties involved
He is an investor and not a founder/ceo. Almost everone makes mistakes with their first start- up . The smarter…
NDA doesnt prevent disclosing the fact of the investment. It simply means you dont use the very info you have from one company while working with the other. In most cases there is wall between the investment teams. That is the day to day members of the investment company that work with the two start ups will be different (also board members).
He is an investor and not a founder/ceo. Almost everone makes mistakes with their first start- up . The smarter…
Most agreements will require non-compete clause. Unless the start up is in a weak position to demand it but even in such case as soon as you sign an NDA you would disclose the fact of the investment (you may hold back the name though unlikely it cant be found out). I cannot think of a single case where an investor would invest in two different company in same sector in same country and not disclose at the fact to both that they are invested.
He is an investor and not a founder/ceo. Almost everone makes mistakes with their first start- up . The smarter…
It is not an share exchange in case of HT-CH. It is called a merger in the show but officially one company will take over another. And this can never be done without the approval of all shareholder esp since HT does not have majority
He is an investor and not a founder/ceo. Almost everone makes mistakes with their first start- up . The smarter…
Yes, applies to the party which has inside information of the other party, can be one way or two way. Unless JX company has information about HT's company doesnt apply to her. They are specific to the company which sign the agreement. So even HT sign the NDA as part of his investing company he cannot disclose it another company even if it is another copany where he has invested. As long as he functions within hte company which signed the NDA he is not in breach.
He is an investor and not a founder/ceo. Almost everone makes mistakes with their first start- up . The smarter…
It depends on whether she actually signed it or just brough it in draft and if she had the authority to do so under the delegation of authority but this is unlikely. There are generally two agreements - one with company to buy shares and another with other shareholders to determine board makeup, duties and rights, what happens if the shareholders disagree, etc. if one party decides to sell their own shares you dont need approval of other shareholders under the SHA has a right of first refusal. But it seems like HT/JX is selling his/her own shares so this doesnt apply. Also, ceo employment contarcts have certain obligations though they vary. At the same time you generally can't replace or demote founder ceos without major breaches on the founder's part. Legally none of this made sense. Another separate note is all founders have very strong egos which is part of ther drive. Also, many investors have the same and always believe they are right. i can go on and on.