Question 1: Has Lew Cirne been a good CEO so far, should he defend himself & fight to remain CEO? As Lew Cirne, why would Richard. View Homework Help – Founder-CEO Succession at Wily from ENTP at University of Texas. Founder-CEO Succession at Wily Technology . Reference no. Subject category: Entrepreneurship. Thumbnail image for S FOUNDER-CEO SUCCESSION AT WILY TECHNOLOGY. Case.

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He also agreed to give Williams roughly as much equity as he himself owned and far more in salary. Please find below the full details of the product you clicked a link to view. Article Management Science August I argue that founders face a “control dilemma” in which successioh startup’s resource dependence drives a wedge between the startup’s value and the founder’s ability to retain control of decision making.

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By continuing to use our site you consent to the use of cookies as described in our privacy policy unless you have disabled them. Go to advanced search. All fields Reference no. My account New to The Case Centre? The Division of Founder Equity in New Ventures We examine the trade-off between efficiency and equality within the context of entrepreneurial founding teams.


He had led Wily to the point where several important customers bought its flagship product and had successfully raised two rounds of financing from top investors. View our pricing guide or login to see prices. Founder Control and Value Creation in Startups Does the degree to which founders keep control twchnology their startups affect company value?

markwahlbarg: Founder CEO Succession at Wily Technology

The Case Centre is a not-for-profit company limited by guarantee, registered in England No and entered in the Register of Charities No You can change your cookie settings at any time but parts of our site will not function correctly without them. Wasserman, Noam, and Yael Braid. On average, each additional level of founder control i. Cite View Sily Purchase. Product details Share this page: Using proprietary survey data, we empirically test the predictions.

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Our central finding is that teams that split equity equally are less likely to ay funds from outside investors. Cite View Details Educators Purchase. Equality and Inequality ; Entrepreneurship ; Equity. What should he do now? Paul Gompers and Noam Wasserman. Gompers, Paul, and Noam Wasserman. Cirne wonders what he could have done to be pushed to the side like this. Using a formal theory where founders may have preferences over relative outcomes, we derive predictions about the antecedents and consequences of dividing equity equally among all founders.


Founder-CEO Succession at Wily Technology

The Case Centre is dedicated to advancing the case method worldwide, sharing knowledge, wisdom and experience to inspire and transform business education across the globe. Founder Control and Value Creation in Startups.

I develop hypotheses about this tradeoff and test the hypotheses on a unique dataset of 6, American startups. Article Strategic Management Journal February As the founder, CEO, and chairman of Wily Technology, Fkunder-ceo had worked hard to build the skills necessary to lead his start-up.

While considering Williams’ incredible demand, Cirne reflects on everything he has already given up to get Wily Technology to this point. He had developed Wily’s early technology single-handedly, had hired 50 employees to help him build his company, and had successfully spearheaded a strategic transformation of his company.

Finance General Management Marketing. Wasserman and Henry McCance.

The relationship appears not to be causal, but instead driven by selection effects across heterogeneous wlly with varying degrees of inequality aversion. Finance Globalization Health Care.

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