Subject category:
Case Method and Specialist Management Disciplines
Published by:
Harvard Business Publishing
Version: 9 March 2021
Length: 2 pages
Data source: Published sources
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https://casecent.re/p/175609
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Abstract
Supplement to the A case. In March 2020, Juno co-founders Chris Abkarians and Nikhil Agarwal decided to pitch banks in anticipation of their annual auction while negotiating directly with private lender Eager. Responses from the majority of private lenders - including Juno's 2019 partner - were not encouraging, yet Eager remained keenly interested in an exclusive partnership. The co-founders faced additional pressure following the onset of the COVID-19 pandemic. Given the uncertainties of the pandemic and its economic impact, the co-founders gravitated towards the Eager partnership. However, they must decide whether to cancel the auction, and whether Eager has the stability to withstand the pandemic.
Locations:
Industries:
Size:
Start-up
Other setting(s):
2018-2020
About
Abstract
Supplement to the A case. In March 2020, Juno co-founders Chris Abkarians and Nikhil Agarwal decided to pitch banks in anticipation of their annual auction while negotiating directly with private lender Eager. Responses from the majority of private lenders - including Juno's 2019 partner - were not encouraging, yet Eager remained keenly interested in an exclusive partnership. The co-founders faced additional pressure following the onset of the COVID-19 pandemic. Given the uncertainties of the pandemic and its economic impact, the co-founders gravitated towards the Eager partnership. However, they must decide whether to cancel the auction, and whether Eager has the stability to withstand the pandemic.
Settings
Locations:
Industries:
Size:
Start-up
Other setting(s):
2018-2020