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Value Propositions as Fractional Objects: Searching for Strands of Stabilization in a Startup's Arguments

Spinuzzi, C; Guile, D; (2024) Value Propositions as Fractional Objects: Searching for Strands of Stabilization in a Startup's Arguments. In: 2024 IEEE International Professional Communication Conference (ProComm). (pp. pp. 16-24). IEEE Green open access

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Abstract

Early-stage technology startups must continuously learn: About potential markets and their problems, about the developing technology and its opportunities and limitations, about business models that could sustain an enterprise built around the technology. And they must continuously argue their value to a rotating set of stakeholders. To provide relative stability amidst constant changes to the argument, startups develop a multifaceted value proposition: a claim that can accommodate its diverse stakeholders' values. In this preliminary study, we apply the Orders of Worth framework to archival data and interviews from a startup developing its offering from 2016-2023. We focus on its value proposition, "Save more than you spend,"examining how elaborations on this phrase to different stakeholders invoke different orders of worth, yielding what one founder characterizes as a "multifaceted value proposition."We conclude with implications for understanding the value proposition as fractional: cohering just enough to provide a relatively stable project object for the startup.

Type: Proceedings paper
Title: Value Propositions as Fractional Objects: Searching for Strands of Stabilization in a Startup's Arguments
Event: 2024 IEEE International Professional Communication Conference (ProComm), Pittsburgh, PA, USA, 14-17 July 2024
Dates: 14 Jul 2024 - 17 Jul 2024
ISBN-13: 979-8-3503-8446-8
Open access status: An open access version is available from UCL Discovery
DOI: 10.1109/ProComm61427.2024.00010
Publisher version: http://dx.doi.org/10.1109/procomm61427.2024.00010
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions.
Keywords: Entrepreneurship, fractional object, Orders of Worth, value proposition
UCL classification: UCL
UCL > Provost and Vice Provost Offices > School of Education
UCL > Provost and Vice Provost Offices > School of Education > UCL Institute of Education
UCL > Provost and Vice Provost Offices > School of Education > UCL Institute of Education > IOE - Education, Practice and Society
URI: https://discovery.ucl.ac.uk/id/eprint/10197669
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