Case | HBS Case Collection | October 2000

Framework Technologies Corp.

by G. Felda Hardymon, Ann Leamon, Ashesh Shah and David Waller

Abstract

Dan Slavin, CEO of Framework Technologies, is contemplating a complete restart for his company to erase the impact of its shift in product and business strategy since inception. This case describes the issues he must consider, which include the impact of such a change on the employees and the founder, and whether the costs in terms of his time and the company's morale are worth the benefits of a clean slate for future venture rounds. Also presents the rationale of the venture capital firm for its involvement in a later-stage company that still faces early-stage problems.

Keywords: Restructuring; Innovation and Invention; Cost vs Benefits; Venture Capital; Technology Industry;

Citation:

Hardymon, G. Felda, Ann Leamon, Ashesh Shah, and David Waller. "Framework Technologies Corp." Harvard Business School Case 801-227, October 2000.