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.

Using proprietary survey data, we empirically test the predictions. While considering Williams’ incredible demand, Cirne reflects on everything he has already given up to get Wily Technology to this point.

The Division of Founder Equity in New Ventures We examine the trade-off between efficiency and equality within the technologu of entrepreneurial founding teams. Access this item You must be logged in to view this material. What should he do now? Cite View Details Purchase Related. Gompers, Paul, and Noam Wasserman.

Paul Gompers and Noam Wasserman. 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 technoloyg his company. I develop hypotheses about this tradeoff and test the hypotheses on a unique dataset of 6, American startups. Technology and Operations Management. Founder Control and Value Creation in Startups Does the degree to which founders keep control of their startups affect company value?


On average, each additional level of founder control i.

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Equality and Inequality ; Entrepreneurship ; Equity. The Case Centre is a not-for-profit company limited by guarantee, registered in England No and entered in the Register of Charities No By continuing to use our site you consent to the use of cookies as described in our privacy policy unless you have disabled them. 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.

Wasserman, Noam, and Yael Braid. Our central finding is that teams that split equity equally are less likely to raise funds from outside investors. As the founder, CEO, and chairman of Wily Technology, Cirne had worked hard to build the skills necessary to lead his start-up. Wasserman and Henry McCance.


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Go to advanced search. I argue that founders face a “control dilemma” in which a startup’s resource dependence drives a wedge between the startup’s value and the founder’s ability to retain control of decision making.

My account New to The Case Centre? The succezsion appears not to be causal, but instead driven by selection effects across heterogeneous teams with varying degrees of inequality aversion.

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Cirne wonders what he could have done to be pushed to the side like this.

Founder-CEO Succession at Wily Technology | The Case Centre, for educators

Founder Control and Value Creation in Startups. You can change your cookie settings at any time but parts of our technopogy will not function correctly without them. 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. Cite View Details Educators Purchase. Product details Share this page: Please find below the full details of the product you clicked a link to view.

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