VALR: More than Courage Required to Scale
商品編號:W32405
出版日期:2024/01/26
再版日期:
商品來源:
商品主題:Entrepreneurship; General Management/Strategy
商品類型:Case (Field)
涵蓋議題:Cryptocurrency;Fintech;VALR;Scaling;Entrepreneurship;Innovation;Regulatory;Risk-taking;Competitiveness;Market leader;Organizational culture;Autonomy;Proactiveness;Strategy;Growth pains;Maturity;Farzam Ehsani;Market incumbent;Service;Complexity
難易度:4 - Undergraduate/MBA
內容長度:15 頁
地域:South Africa
產業:Finance and Insurance
事件年度:2021
VALR, a cryptocurrency platform and South African financial technology (fintech) company, was experiencing scaling challenges in August 2021. Launched in 2018, the start-up took on the market incumbent—a company trading in 40 countries. Within 18 months, VALR had become the market leader in terms of locally traded volume. However, this created growth pains and presented the issue of how the company could scale successfully. The company’s chief executive officer, Farzam Ehsani, believed that entrepreneurial orientation (EO) was a core strength and an instrumental factor in VALR’s success, but he was faced with the dilemma of how to scale it. The founding team had been able to sustain an organizational culture that advanced autonomy and risk-taking to that point, and maintained high levels of competitiveness and service. However, as the business entered a new phase of maturity, Ehsani faced the challenge of how the organizational culture could be scaled to continue fostering EO. In addition, Ehsani worried about the regulatory uncertainty that characterized the cryptocurrency industry.
教學手冊:VALR: More than Courage Required to Scale - Teaching Note
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