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This video is to accompany the case. The SolidWorks case is a sequel to the Jon Hirschtick case. It describes the second round of financing. The principal issues in the case are valuing a software business that has not yet shipped product, raising money from 'strategic' partners and venture capitalists, and deciding how much money to raise. SolidWorks raised USD3.8 million of first-round venture capital in September 1994. It has made excellent progress with that money. It has developed a product that is getting rave reviews. It has established channels of distribution, and it began shipping the product in November 1995. It estimates that it needs USD4.5 million in the second-round of financing. That will be sufficient to take it to profitability. The decision that Jon Hirschtick and his team have to make is whether to take USD4.5 million or perhaps as much as USD10 million in this round of financing.