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

Wasserman and Henry McCance. Cite View Details Purchase Related.

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Keep up to date with email updates Pricing Shipping options Terms of business What’s available founder-ce us? Technology and Operations Management. What should he do now? While considering Williams’ incredible demand, Cirne reflects on everything he has already given up to get Wily Technology to this point.

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My account New to The Case Centre? He had developed Wily’s early technology single-handedly, had hired foundsr-ceo employees to help him build his company, and had successfully spearheaded a strategic transformation of his company. 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. Founder Control and Value Creation in Startups. Finance Globalization Health Care. Paul Gompers and Noam Wasserman. Cite View Details Educators Purchase. On average, each additional level of founder control i. Register Submit to us Case writing resources Case writing scholarships How to submit your case Online case submission Why submit your case to us?

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Go to advanced search. By continuing to use our site you consent to the use of cookies as described in our privacy policy unless you have disabled them. The relationship appears not to be causal, but instead driven by selection effects across heterogeneous teams with varying degrees of inequality aversion.

Founder Control and Value Creation in Startups Does the degree to which founders founder-cro control of their startups affect company value? Cite View Details Purchase. 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.


I develop hypotheses about this tradeoff and test the hypotheses on a unique dataset of 6, American startups. Article Management Science August Access this item You must be logged in to view this material.

Using proprietary survey data, we empirically test the predictions. Product details Share this page: 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. Gompers, Paul, and Noam Wasserman.

Wasserman, Noam, and Yael Braid. He also agreed to give Williams roughly as much equity as he himself owned and far more in salary. All fields Reference no.

Founder-CEO Succession at Wily Technology

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. Article Strategic Management Journal February af Cirne wonders what he could have done to be wiky to the side like this. Tax ID No The Division of Founder Equity in New Ventures We examine the trade-off between efficiency and equality within the context of entrepreneurial founding teams.