News Update
June 2001
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News Update June 2001 |
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Are you tired of firing the founder!? In 90+% of venture capital firm portfolio company cases, its not a matter of “are we going to fire the founder” it’s a matter of when, and how painful and expensive the process is going to be. At Page-Wheatcroft & Co., Ltd. we've spent 20 years creating leadership teams for Professional Services and technology companies. We have worked with a variety of venture capital firms to identify CEO’s and Leadership Teams for portfolio companies. In each instance where we were retained to find a CEO to replace the founder, the process was messy, convoluted, macavelian and occurred late in the companies development lifecycle, to the detriment of all concerned. We think there is a better way! Most VC firms sponsor the development of portfolio companies at the encouragement of a large corporate sponsor (for example Cisco, Lucent or Nortel) or because of a perceived early stage solution to a large market opportunity. The founders are frequently engineering centric with little or no experience in all of the idiosyncrasies required to scale and manage a large company. Page-Wheatcroft & Co., Ltd. would like to work with a few, top tier venture capital firms to get ahead of this destructive cycle. We propose a collaborative working relationship with proven VC general partners, wherein Page-Wheatcroft & Co., Ltd. would work on a consultative basis to build proven leadership teams to turn market/product innovations into mature reality, thereby obviating the painful and costly right of passage, "the founder execution" ceremony. Page-Wheatcroft & Co., Ltd. has developed a database numbering in excess of 36,000 consulting, legal and technology subject matter experts during it’s twenty years of practice. Upon understanding and refining a VC sponsored investment vision, we guarantee our ability to assemble a world class leadership team to transform that vision into reality. Please call Stephen J. L. Page, Chairman and CEO directly to discuss breakthrough ideas at 214/696-4333 ext.1 and/or email at spage@p-wco.com. |
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| About Page-Wheatcroft & Co., Ltd. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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During the previous twenty years, Page-Wheatcroft & Co., Ltd. has contributed significantly to the successful expansion of many prominent Consulting, Legal and Technology firms. Principal consulting firms served include: Scient; A.T. Kearney, Inc.; Ernst & Young, L.L.P.; PricewaterhouseCoopers; and, Booz-Allen & Hamilton, Inc. Global and national law firms served include: Gibson Dunn & Crutcher, Weil Gotshal & Manges, LLP, Jones, Day, Reavis & Pogue and Baker & Botts, L.L.P. Additional technology clients served include Cisco and several of Silicon Valley’s most prominent VC firms. Stephen’s practice is focused on the identification of leaders for professional services firms and CEO’s for VC firm’s portfolio companies. PW is prepared to put a large percentage of its fees at pari passu risk with its VC Partners, in situations where we are engaged to find the CEO and at least four leadership team members. |
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Page-Wheatcroft
& Co., Ltd Questions
or comments? Write to jbell@p-wco.com. |
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| Copyright © 2001 by Page-Wheatcroft & Co., Ltd.. All rights reserved. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||