Publicação
Late stage value creation of founders: entrepreneur vs manager - why do some founder-ceos remain active in their venture-backed startups sfter three years, and how do they continue to create value
| Resumo: | Entrepreneurship as a value-creating activity is vital for the economy, relying on the founder as a central force. Simultaneously, research shows that the value of a startup declines significantly if the founder stays beyond year three. I investigated why founders stay beyond the third year and how they create value during that time. To this end, I interviewed twelve founders and investors active in the startup ecosystem. I identified four different types of founders who stay in their company for different reasons, adding value by becoming managers or consciously taking on different roles remaining entrepreneurs and innovators. |
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| Autores principais: | Zander, Linda Nadia Roxane |
| Assunto: | Entrepreneurship Founder Startup Late stage value creation |
| Ano: | 2023 |
| País: | Portugal |
| Tipo de documento: | dissertação de mestrado |
| Tipo de acesso: | acesso aberto |
| Instituição associada: | Universidade Nova de Lisboa |
| Idioma: | inglês |
| Origem: | Repositório Institucional da UNL |
| Resumo: | Entrepreneurship as a value-creating activity is vital for the economy, relying on the founder as a central force. Simultaneously, research shows that the value of a startup declines significantly if the founder stays beyond year three. I investigated why founders stay beyond the third year and how they create value during that time. To this end, I interviewed twelve founders and investors active in the startup ecosystem. I identified four different types of founders who stay in their company for different reasons, adding value by becoming managers or consciously taking on different roles remaining entrepreneurs and innovators. |
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