Financing Matillion's Scaleup (A)

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.

Case

Reference no. 9-824-140

Subject category: Entrepreneurship

Authors: Raymond Kluender (Harvard Business School); Emanuele Colonnelli (Harvard Business School); Ramana Nanda (Harvard Business School)

Published by: Harvard Business Publishing

Originally published in: 2024

Version: 15 March 2024

Revision date: 30-Apr-2024

Length: 16 pages

Data source: Published sources

Topics: Entrepreneurship; Finance and investing; Negotiation strategies; Start-ups; Decision making; Venture capital; Financing; Loans

Share a link: https://casecent.re/p/197107

| No reviews for this item

This product has not been used yet

View our pricing guide or login to see prices.

Abstract

In 2019, Matthew Scullion, founder and CEO of UK start-up Matillion, faced a decision about which term sheet to accept for the lead investor in his company's USD35 million Series C financing round. Would the connections and opportunities offered by Silicon Valley-based VC Battery Ventures make up for its lower valuation offer, or would Scullion be better off choosing a European investment firm to lead the round?

Industry:

Information technology industry

Size:

Start-up

Other setting(s):

2019