nanogene case discussion culture - stanford university · susan stone (the vc) seems concerned by...
TRANSCRIPT
![Page 1: Nanogene Case Discussion Culture - Stanford University · Susan Stone (the VC) seems concerned by the equity split among the founders. ... your scalable business model . Startups(Search(For(ABusiness(Model(Management(Strategy(Changes(Development](https://reader033.vdocuments.net/reader033/viewer/2022042006/5e702a638f1746260355c883/html5/thumbnails/1.jpg)
![Page 2: Nanogene Case Discussion Culture - Stanford University · Susan Stone (the VC) seems concerned by the equity split among the founders. ... your scalable business model . Startups(Search(For(ABusiness(Model(Management(Strategy(Changes(Development](https://reader033.vdocuments.net/reader033/viewer/2022042006/5e702a638f1746260355c883/html5/thumbnails/2.jpg)
• Nanogene Case Discussion • Culture
![Page 3: Nanogene Case Discussion Culture - Stanford University · Susan Stone (the VC) seems concerned by the equity split among the founders. ... your scalable business model . Startups(Search(For(ABusiness(Model(Management(Strategy(Changes(Development](https://reader033.vdocuments.net/reader033/viewer/2022042006/5e702a638f1746260355c883/html5/thumbnails/3.jpg)
Evaluate the Nanogene founding team and the resources they bring to the venture.
Independent of the equity ownership issue, what are two risks associated with this founding team?
How would these risks be reduced if Paige Miller joined the team?
Susan Stone (the VC) seems concerned by the equity split among the founders. What consequences for NanoGene might she fear from the present even equity split?
![Page 4: Nanogene Case Discussion Culture - Stanford University · Susan Stone (the VC) seems concerned by the equity split among the founders. ... your scalable business model . Startups(Search(For(ABusiness(Model(Management(Strategy(Changes(Development](https://reader033.vdocuments.net/reader033/viewer/2022042006/5e702a638f1746260355c883/html5/thumbnails/4.jpg)
Startups Don’t Last Forever
A Startup is the organization you use to search for your scalable business model
![Page 5: Nanogene Case Discussion Culture - Stanford University · Susan Stone (the VC) seems concerned by the equity split among the founders. ... your scalable business model . Startups(Search(For(ABusiness(Model(Management(Strategy(Changes(Development](https://reader033.vdocuments.net/reader033/viewer/2022042006/5e702a638f1746260355c883/html5/thumbnails/5.jpg)
Startups Search For A Business Model
![Page 6: Nanogene Case Discussion Culture - Stanford University · Susan Stone (the VC) seems concerned by the equity split among the founders. ... your scalable business model . Startups(Search(For(ABusiness(Model(Management(Strategy(Changes(Development](https://reader033.vdocuments.net/reader033/viewer/2022042006/5e702a638f1746260355c883/html5/thumbnails/6.jpg)
Management Strategy Changes
Development Team-centric
Mission-centric Process-centric
![Page 7: Nanogene Case Discussion Culture - Stanford University · Susan Stone (the VC) seems concerned by the equity split among the founders. ... your scalable business model . Startups(Search(For(ABusiness(Model(Management(Strategy(Changes(Development](https://reader033.vdocuments.net/reader033/viewer/2022042006/5e702a638f1746260355c883/html5/thumbnails/7.jpg)
![Page 8: Nanogene Case Discussion Culture - Stanford University · Susan Stone (the VC) seems concerned by the equity split among the founders. ... your scalable business model . Startups(Search(For(ABusiness(Model(Management(Strategy(Changes(Development](https://reader033.vdocuments.net/reader033/viewer/2022042006/5e702a638f1746260355c883/html5/thumbnails/8.jpg)
Customer Development in the High-Tech Enterprise
Fall 2008
8
![Page 9: Nanogene Case Discussion Culture - Stanford University · Susan Stone (the VC) seems concerned by the equity split among the founders. ... your scalable business model . Startups(Search(For(ABusiness(Model(Management(Strategy(Changes(Development](https://reader033.vdocuments.net/reader033/viewer/2022042006/5e702a638f1746260355c883/html5/thumbnails/9.jpg)
Management Skills Changes
![Page 10: Nanogene Case Discussion Culture - Stanford University · Susan Stone (the VC) seems concerned by the equity split among the founders. ... your scalable business model . Startups(Search(For(ABusiness(Model(Management(Strategy(Changes(Development](https://reader033.vdocuments.net/reader033/viewer/2022042006/5e702a638f1746260355c883/html5/thumbnails/10.jpg)
• Values • Norms • Rituals • Created by founders • Changed as new leaders are added • Tacit, implicit, often encoded • Sub-cultures emerge based on region,
country, job function, industry
![Page 11: Nanogene Case Discussion Culture - Stanford University · Susan Stone (the VC) seems concerned by the equity split among the founders. ... your scalable business model . Startups(Search(For(ABusiness(Model(Management(Strategy(Changes(Development](https://reader033.vdocuments.net/reader033/viewer/2022042006/5e702a638f1746260355c883/html5/thumbnails/11.jpg)
• Individual Contributors are rarely founders
• Founding team typically has different skills
and temperaments
• Startups are about the team
![Page 12: Nanogene Case Discussion Culture - Stanford University · Susan Stone (the VC) seems concerned by the equity split among the founders. ... your scalable business model . Startups(Search(For(ABusiness(Model(Management(Strategy(Changes(Development](https://reader033.vdocuments.net/reader033/viewer/2022042006/5e702a638f1746260355c883/html5/thumbnails/12.jpg)
• The 100x team – Not just competent
– Not just your roommates
• Sources – Stanford
– VC’s
– Professors
– Professional network
![Page 13: Nanogene Case Discussion Culture - Stanford University · Susan Stone (the VC) seems concerned by the equity split among the founders. ... your scalable business model . Startups(Search(For(ABusiness(Model(Management(Strategy(Changes(Development](https://reader033.vdocuments.net/reader033/viewer/2022042006/5e702a638f1746260355c883/html5/thumbnails/13.jpg)
• Agile
• Resilient
• Tenacious
• Pattern Recognition
• Fearless
• Comfortable with Chaos
![Page 14: Nanogene Case Discussion Culture - Stanford University · Susan Stone (the VC) seems concerned by the equity split among the founders. ... your scalable business model . Startups(Search(For(ABusiness(Model(Management(Strategy(Changes(Development](https://reader033.vdocuments.net/reader033/viewer/2022042006/5e702a638f1746260355c883/html5/thumbnails/14.jpg)
• Cash – Salary and bonus – Benefits
• Equity – Common Stock – Vesting Schedule – Stock “budget” for future hires – Tax Implications and Security Laws