From Noam Wassermans "Founders Frustrations" Blog. Noam Wasserman is a professor in the Entrepreneurial Management unit at Harvard Business School.
Noam's blog is a great read for entrepreneurs looking to understand how to structure ownership in a startup or why investors think they're adding more value than the entrepreneurs running the business. Here's nifty chart.
Table 6: Entrepreneur Expectations
(traces the trend between the entrepreneur’s perception and expectation of
the value-add potential of the investor throughout the various funding stages)Entrepreneur's perception of investor
