Subject category:
Entrepreneurship
Published by:
Harvard Business Publishing
Version: 11 July 2001
Length: 23 pages
Data source: Field research
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Abstract
Scott Rozic, CEO of start-up Verge Software, has just told his board that he is taking the company in a totally new direction, moving from enterprise knowledge management software to Internet direct marketing. This case covers the start-up of the business, and Rozic's mentoring by a key angel investor. It leaves open the question of whether this decision is wise or whether Rozic should go back to the enterprise business, now that venture capital funding preferences have shifted once again.
Location:
Industry:
Size:
Start-up, 20 employees
Other setting(s):
1999
About
Abstract
Scott Rozic, CEO of start-up Verge Software, has just told his board that he is taking the company in a totally new direction, moving from enterprise knowledge management software to Internet direct marketing. This case covers the start-up of the business, and Rozic's mentoring by a key angel investor. It leaves open the question of whether this decision is wise or whether Rozic should go back to the enterprise business, now that venture capital funding preferences have shifted once again.
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Location:
Industry:
Size:
Start-up, 20 employees
Other setting(s):
1999