330 Technical
Workstations
Table 12-2. Founder Control in Various High-Tech Companies. | ||
Firms Whose Founders Have Retained Control or Remain Involved |
Firms Whose Founders Have Relinquished Control |
|
AMD, Cypress, Intel, National | Fairchild, Texas Instruments, Motorola | |
Conner, Priam, Quantum, Seagate | CDC Disks, Maxtor, Shugart | |
Compaq, Dell | Altair, Apple, Commodore, Convergent | |
DEC, HP, Tandem, | CCI, DG, Harris, Prime, SEL, Wang | |
Silicon Graphics, Sun | Apollo | |
Alliant, Convex | Floating Point Systems | |
Microsoft | Lotus | |
Oracle | Relational Technology | |
Cray Computer | CDC, Cray Research
Amdahl, Honeywell, IBM, Unisys 3Com, Ungerman-Bass (now with Tandem) |
Certainly, Lotus changed when Kapor left, and HP changed when Hewlett and
Packard turned over the management to Young. In 1990, HP introduced a
new management concept by appointing Morton as co-CEO.
. With a few notable exceptions, those companies
that retain the founder enjoy a continuity of culture.
Founder-controlled firms tend to remain at the forefront, reflecting the
founder's involvement, provided the founder has business and market savvy
and is technically competent.
. A counter view of why an entrepreneurial founder
leaves is that the company may for some reason have failed to meet his or
her expectations.
Failure can involve lack of product or market, team, leadership, etc., and
thus, the founder leaves as a reaction to the firm-a push, rather than the
lure of a new venture. This scenario is particularly common among "chronic
entrepreneurs," who continually drive to found new companies.
. Multiple, competitive companies are always created
as each new technology or computer class is formed or as each new product
type is introduced.