Tale of Lynx

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 fight between Curtis and Milmo

* Milmo feels bad about his decision of taking in Curtis, but do not want to blow up the company

* Decides to handle it...