tale of lynx

Essay by sanjana17 November 2014

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The Tale of Lynx case

The most critical choices faced by James Milmo, early in founding of Lynx are as follows:

Going to Business School or not?

He always wanted to be an Entrepreneur

He knew that a new business is a risk

So he wanted to make sure that if business does not work, he should be able to be back to Business School

Therefore he did first semester

It was a good decision as he was trying to play safe and he knew what he was doing to himself

Partnering with Doug Curtis or Not?

Doug Curtis was a Veteran Entrepreneur

Having worked with Doug on past ventures, James was aware of him and his skills

Idea of Real Estate failed and James Milmo does not have great confidence on him

No Trust Factor, No Compatibility between the two

Doug's interaction with his own friends and family was good

Nobody else could listen James' Raw plan and show support at that time.

Good Decision to Partner with Dough at that point of sensitive time.

Partnering with Javier Pascal?

A tough Guy and people respect him

Trust and compatibility between Pascal and Milmo

A software expert, considering that software was architected in a scalable manner thus enabling Lynx to change their strategies few times and was able to adapt to those strategies

Looking for Business Opportunity

A good decision By Milmo

Equal Distribution of equity?

Milmo wanting all three to get equal equity

Curtis not ready and creating platform to throw Pascal Out

Milmo mediating and creating a compromising platform

Pascal give up to take 25%, others two to divide 75% equity

Good decision involvement by Milmo, not to let go Pascal out

Doug Curtis paying himself more than what partners agreed to pay, what to do?

Creates a...