communicating corporate afterlife: post-mortem statements of failed startups

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Communicating Corporate Afterlife Leonhard Dobusch University of Innsbruck Academy of Management Annual Meeting, Session "Strategizing in Startups and Incumbent Firms" August 9, 2016, Anaheim, USA Post-Mortem Statements of Failed Startups 1 Nils Koester Freie Universität Berlin Erik Schäfer Freie Universität Berlin

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Communicating Corporate Afterlife

Leonhard Dobusch University of Innsbruck

Academy of Management Annual Meeting, Session "Strategizing in Startups and Incumbent Firms"

August 9, 2016, Anaheim, USA

Post-Mortem Statements of Failed Startups

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Semesterarbeit!!

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COPYING!AS!INNOVATION?!!

The!Case!of!Rocket!Internet!!

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Semesterarbeit!im!Rahmen!des!!

Moduls!Management,!Marketing!und!Informationssysteme!

bei!Prof.!Dr.!Leonhard!Dobusch!

an!der!Freien!Universität!Berlin!

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Vorgelegt!von!Judith!Morsnowski!

Studiengang!Wirtschaftsinformatik!(MSc.)!

Matrikelnummer:!4709443!

ERMail:[email protected]!

!Berlin,!28.02.2012! !

Nils KoesterFreie Universität Berlin

Erik Schäfer Freie Universität Berlin

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Entrepreneurial Failure

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4Source: http://kingscross.impacthub.net/wp-content/uploads/sites/2/2015/03/fuckupnights-1140x407.png

5Source: http://www.fuckupnight.spurprojects.org/images/fuckup04.png

How do founders openly communicate the failure of their business venture?

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Strategic Failure Communication

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as of 2015:

114 entries

- unaccessible, journalist articles"

65 final sample

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of 65 post-mortem statemtents:

42% on personal blogs"

32% on Medium

15% in online magazines"

8% on company's website

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Communicative Afterlife of an Organization?

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IdentityActorhood

Decisions

Communicative Constitution of Organization

IdentityActorhood

Decisions

Communicative Constitution of Organization

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post-hoc rationalizations of why the venture failed“

(Zacharakis et al. 1999, p. 2)

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Sub-Genres of Post-mortem Statements

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Lessons Learned (46%)

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Seven lessons I learned from the failure of my first startup“

Dinnr

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Mistakes Made (15%)

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99 Problems But A Bit Ain’t One: Why My Startup Failed“

Emjoyment

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Chronology of Failure (26%)

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Dear Internet, our journey began a long time ago in a galaxy far, far away... but for all intents and purposes let’s just say it began in May 2013

“Poliana

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Good bye and Thanks! (12%)

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Even though Thrive.ly is shutting our doors, we’d like to think we have made a small dent in the world with your help.

“Thrively

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Discussion and Conclusions

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Future-oriented, written for professional community of entrepreneurs and investors

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Communicatively constitute organizational afterlife, retroactively alter identity

Thank you.

E-Mail: [email protected] Twitter: @leonidobusch Web: dobusch.net !Research blog: www.governancexborders.com