Product details

By continuing to use our site you consent to the use of cookies as described in our privacy policy unless you have disabled them.
You can change your cookie settings at any time but parts of our site will not function correctly without them.
Subject category: Entrepreneurship
Published by: WHU - Otto Beisheim School of Management
Published in: 2018
Length: 18 pages
Data source: Field research

Abstract

This 'decision-making case' is about a high-flying German medical device start-up ('BLDSGR') that is looking into raising Series C financing. The lead investor for the Series C financing round has brought along a government-backed Chinese venture capital firm, which is keen on participating in the financing round with very generous terms, but under the condition that the start-up will soon expand into the Chinese market. BLDSGR's current investors include two German venture capital firms and a corporate venture arm of a Swiss medical device company, which is firmly opposed to getting the Chinese investors on board. The case focuses on the critical decision of how to structure the next financing round. There are several private and collective tensions, as well as a wide range of trade-offs, that make reaching a decision a very complex process.
Locations:
Industry:
Other setting(s):
2017

About

Abstract

This 'decision-making case' is about a high-flying German medical device start-up ('BLDSGR') that is looking into raising Series C financing. The lead investor for the Series C financing round has brought along a government-backed Chinese venture capital firm, which is keen on participating in the financing round with very generous terms, but under the condition that the start-up will soon expand into the Chinese market. BLDSGR's current investors include two German venture capital firms and a corporate venture arm of a Swiss medical device company, which is firmly opposed to getting the Chinese investors on board. The case focuses on the critical decision of how to structure the next financing round. There are several private and collective tensions, as well as a wide range of trade-offs, that make reaching a decision a very complex process.

Settings

Locations:
Industry:
Other setting(s):
2017

Related