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Wham–O's Offer to Buy Sprig Toys: Selling in or Selling Out?

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  • Yolanda Sarason
  • Dawn R. DeTienne
  • Catherine Bentley

Abstract

Sprig Toy's mission was to deliver eco–friendly, battery–free, paint–free, kid–powered toys. The company had seen a meteoric rise since its beginning in 2007. Now, however, the founders were at a crossroads. They needed an immediate influx of capital, and on the table was a purchase offer from Wham–O ® . As social entrepreneurs, their decision was not purely financial. They had wanted to start a company that would change both the market (how kids played) and the industry (how toys were manufactured)—but now, they had to make a decision regarding the offer to buy their company, and they worried whether they were “selling out.â€

Suggested Citation

  • Yolanda Sarason & Dawn R. DeTienne & Catherine Bentley, 2014. "Wham–O's Offer to Buy Sprig Toys: Selling in or Selling Out?," Entrepreneurship Theory and Practice, , vol. 38(4), pages 959-972, July.
  • Handle: RePEc:sae:entthe:v:38:y:2014:i:4:p:959-972
    DOI: 10.1111/etap.12020
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    References listed on IDEAS

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    1. Johanna Mair & Ignasi Marti, 2006. "Social Entrepreneurship Research: A Source of Explanation, Prediction, and Delight," Post-Print hal-02311880, HAL.
    2. Mair, Johanna & Martí, Ignasi, 2006. "Social entrepreneurship research: A source of explanation, prediction, and delight," Journal of World Business, Elsevier, vol. 41(1), pages 36-44, February.
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