Subject category:
Entrepreneurship
Published by:
Babson College
Version: 11.30.01
Length: 26 pages
Data source: Field research
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Abstract
This is a two-part case. A young software company about to be harvested, nearly comes to a tragic ending when a truck accident kills a key employee and severely injures one of the owners. The corporate suitor backs out of the pending acquisition when he learns of the accident since the company''s major assets brains are now damaged goods. The company had successfully navigated through the tough start-up period and was about to experience major growth that attracted several interested buyers. The company specialised in relational database management systems and had several major customers in the Boston area. Eventually, the owner recovers and shores up the company enough to re-attract buyers, one of which does buy-out the company. The owner stays on after the acquisition and a clash of corporate cultures creates a set of new issues. The teaching note includes strategies for case presentation, key concepts, solutions to the assignment questions and suggestions for the most effective way to work this case into a course.
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Abstract
This is a two-part case. A young software company about to be harvested, nearly comes to a tragic ending when a truck accident kills a key employee and severely injures one of the owners. The corporate suitor backs out of the pending acquisition when he learns of the accident since the company''s major assets brains are now damaged goods. The company had successfully navigated through the tough start-up period and was about to experience major growth that attracted several interested buyers. The company specialised in relational database management systems and had several major customers in the Boston area. Eventually, the owner recovers and shores up the company enough to re-attract buyers, one of which does buy-out the company. The owner stays on after the acquisition and a clash of corporate cultures creates a set of new issues. The teaching note includes strategies for case presentation, key concepts, solutions to the assignment questions and suggestions for the most effective way to work this case into a course.