For several months, the founder-CEO Evan Williams has felt trapped, unable to control, Odeo and its strategic direction. He longs for the “simple” days of the bloggers, the previous venture he co-founded. Although his experiences bloggers had a big blow-up with his co-founders, who had led in court, a brush with near-bankruptcy, and the dismissal of his entire team, Williams has disappointed more with his latest venture, contain, Odeo . Odeo, a podcasting pioneer, had … Read more »

For several months, the founder-CEO Evan Williams has felt trapped, unable to control, Odeo and its strategic direction. He longs for the “simple” days of the bloggers, the previous venture he co-founded. Although his experiences bloggers had a big blow-up with his co-founders, who had led in court, a brush with near-bankruptcy, and the dismissal of his entire team, Williams has disappointed more with his latest venture, contain, Odeo . Odeo, a podcasting pioneer, had almost two years ago made his debut and got into a very strong start, with a high-profile debut in a prominent industry conference, reporting on the front page of the New York Times’ business area, and the lifting of a large round of funding from a top-tier venture capital firms. His attempts to find a buyer, have failed to have begun layoffs, and he now faces a meeting with an increasingly hostile board of directors. At this meeting it is very tempted to resign, so he can move on to his next project, and again the thrill of being an entrepreneur.
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from
Noam Wasserman,
LP Maurice
Source: Harvard Business School
2 pages.
Release Date: 7 December 2008. Prod #: 809 093 PDF-ENG
Evan Williams: From Blogger to Odeo (B) HBR case solution