Subject category:
Entrepreneurship
Published by:
USC-Marshall/Lloyd Greif Center for Entrepreneurial Studies
Version: February 11, 2019
Length: 18 pages
Data source: Field research
Abstract
Two young ambitious entrepreneurs with a passion for 3D printing first explore the market through the funding platform Kickstarter and subsequently create SprintRay Inc. in the US with an arm in China. After many execution and funding challenges, they find their niche in the dental industry. Following a successful financial quarter and 3000% revenue growth over three years, the company finds itself suffering from growing pains and a funding crunch. The co-founders now desperately search for the best path forward.
Locations:
Industries:
Size:
USD6 million in company revenues
Other setting(s):
2018
About
Abstract
Two young ambitious entrepreneurs with a passion for 3D printing first explore the market through the funding platform Kickstarter and subsequently create SprintRay Inc. in the US with an arm in China. After many execution and funding challenges, they find their niche in the dental industry. Following a successful financial quarter and 3000% revenue growth over three years, the company finds itself suffering from growing pains and a funding crunch. The co-founders now desperately search for the best path forward.
Settings
Locations:
Industries:
Size:
USD6 million in company revenues
Other setting(s):
2018