Dan Slavin, CEO of Framework Technologies, is considering a complete restart for his company to remove the effects of the shift in product and business strategy since inception. This case describes the problems he must take into account the impact of such changes on employees and the founder, and whether the costs in terms of his time and the morality of society are worth the benefits of a clean slate for future venture rounds. Also provides the basic principle of the venture capital firm for them … Read more »
Dan Slavin, CEO of Framework Technologies, is considering a complete restart for his company to remove the effects of the shift in product and business strategy since inception. This case describes the problems he must take into account the impact of such changes on employees and the founder, and whether the costs in terms of his time and the morality of society are worth the benefits of a clean slate for future venture rounds. Also provides the basic principle of the venture capital firm for their involvement in a later stage company, the problems before the early phase.
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G. Felda Hardymon,
Ann Leamon
Source: Harvard Business School
12 pages.
Publication Date: Oct 19, 2000. Prod #: 801 227 PDF-ENG
Framework Programme Technologies Corp. HBR case solution
