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Nurturing Entrepreneurial Spirit in Acquisitions and Supporting Founders' Success
The chapter delves into maintaining the entrepreneurial culture within a larger corporation post-acquisition, emphasizing the importance of respecting founders' vision and decision-making autonomy. It contrasts successful approaches like Priceline's trust in founder autonomy with potentially damaging control exerted by some big companies over acquired businesses. The narrative then shifts to the CEO of Techstars and their supportive platform for founders, highlighting the intense effort and commitment expected from founders during the program and the high success rate in raising capital post-accelerator.