13: Building the Startup Team

Thursday, May 6, 2010
Summary Entrepreneurship is a team sport. What are the critical human resource issues for new ventures? The NanoGene case examines the big three: assembling a team, developing a compensation policy, and creating an innovative culture..

Quote of the Day:
"Never, never, never, never give up." ~ Winston Churchill  

Guests (Click for Bios)
Dan Dorosin, Fenwick and West
Lewis Cirne, New Relic

Study Question (Policy on Study Questions)
  • What are the risks of removing Lew Cirne? Of keeping him?
  • What are the pros and cons of Wily's approach to finding a new CEO?
  • As Lew Cirne, why would Dick Williams want to replace you as Chairman?
  • As David Strohm, if Lew rejects Dick Williams' demand and threatens to leave Wily, what would you do?
Team Case Analysis (Policy on Case Analyses.) - Group A only submits
Pretend that you are David Strohm. How will you encourage Lew Cirne to accept the deal and what actions will you take to ensure a smooth transition?

Required Readings
(Policy on Required Readings.)
  • Technology Ventures (Byers, Dorf, and Nelson):  Ch 12-14 (Highlights)
  • Case: Wily (Purchase at HBS site:  http://cb.hbsp.harvard.edu/cb/access/5992713 )

Watch the following short video clips: