Founder-CEO succession and the paradox of entrepreneurial success
Wasserman, N. (2003)
Organization Science, 14(2), 149-172
Field research plus event-history analysis of 202 Internet firms. Product development completion and financing rounds trigger founder-CEO replacement; nearly all early-stage successions bring in outsiders. VC-backed setting.
Sourcedoi:10.1287/orsc.14.2.149.14995555 citations (OpenAlex)