Subject category:
Finance, Accounting and Control
Published by:
Ivey Publishing
Version: 2000-02-08
Length: 23 pages
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Abstract
ObjectArts is a computer training firm that has been in business for about 1 1/2 years and has plans to grow very rapidly and diversify into new activities. The firm has borrowed substantial sums of money but is quickly running out of cash to fuel the proposed growth. The four owners of the firm have approached Working Ventures, a major Canadian venture capital company, to secure an equity infusion. The investment manager at Working Ventures, must decide whether or not to make the investment and on what terms.
About
Abstract
ObjectArts is a computer training firm that has been in business for about 1 1/2 years and has plans to grow very rapidly and diversify into new activities. The firm has borrowed substantial sums of money but is quickly running out of cash to fuel the proposed growth. The four owners of the firm have approached Working Ventures, a major Canadian venture capital company, to secure an equity infusion. The investment manager at Working Ventures, must decide whether or not to make the investment and on what terms.