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 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.

Equality and Inequality ; Entrepreneurship ; Equity. Business and Environment Business History Entrepreneurship.

Finance General Management Marketing. Wasserman and Henry McCance. 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 wiy company.

Cite View Details Purchase. Gompers, Paul, and Noam Wasserman. View our pricing guide or login to see prices. The Case Centre is a dounder-ceo company limited by guarantee, registered in England No and entered in the Register of Charities No As the founder, CEO, and chairman of Wily Technology, Cirne had worked hard to build the skills necessary to lead his technollgy.


Article Management Science August My account New to The Case Centre? On average, each additional level of founder control i. Product details Share this page: Please find below the full details of the product you clicked a link to view. Register Submit to us Case writing resources Case writing scholarships How to submit your case Online case submission Why submit your case to us?

Tax ID No 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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All fields Reference no. Cirne wonders what he technolgoy have done to be pushed to the side like this. Access this item You must be logged in to view this material.

Paul Gompers and Noam Wasserman. You can change your cookie settings at any time but parts of our site will not function correctly without them. Go to advanced search.

I develop hypotheses about this tradeoff and test the hypotheses on a unique dataset of 6, American startups. Using succsssion survey data, we empirically test the predictions.


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

The relationship appears not to be causal, but instead driven by selection effects across heterogeneous teams with varying degrees of inequality aversion. Keep up to date with email updates Pricing Shipping options Terms of business What’s available from us?

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. 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.

Our central finding is that teams that split equity equally are less likely to raise funds from outside investors.

Founder Control and Value Creation in Startups. Article Strategic Management Journal February Finance Globalization Health Care. Technology and Operations Management.

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