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When Equal Isn’t Fair: Splitting the Founder’s Pie
By 2012, faculty at the institute for Vaccines and Infectious Diseases at University of Antwerp in Belgium had created working prototypes of two medical devices with significant market potential. When the university decided to spin off these two medical devices into a startup company, decisions had to be made on how the divide the "founder's pie." The case describes the people involved with the development of the medical devices so far and poses the question of how the equity should be split.