Subject category:
Entrepreneurship
Published by:
Stanford Business School
Version: 19 September 2011
Share a link:
https://casecent.re/p/104909
Write a review
|
No reviews for this item
This product has not been used yet
Abstract
John Beck, CEO of LightSpeed Computers, is seeking $10 million in venture capital financing to get his company off the ground after its initial seed funding. In Parts (A) through (C), John faces a number of challenging scenarios, starting with the request from a prestigious Silicon Valley VC to hold off on closing a deal for four weeks to give him time to conduct due diligence. John later receives term sheets from other, smaller VCs and must decide whether to move forward or stand by his original commitment. Later, he must choose between two attractive but economically different deals.
About
Abstract
John Beck, CEO of LightSpeed Computers, is seeking $10 million in venture capital financing to get his company off the ground after its initial seed funding. In Parts (A) through (C), John faces a number of challenging scenarios, starting with the request from a prestigious Silicon Valley VC to hold off on closing a deal for four weeks to give him time to conduct due diligence. John later receives term sheets from other, smaller VCs and must decide whether to move forward or stand by his original commitment. Later, he must choose between two attractive but economically different deals.