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This is a Japanese version. This case is the first of a two-case series. The case series deals with raising two rounds of venture capital for a high-potential software company. The Jon Hirschtick case shows the important ingredients of a 'classic' venture capital-backed start-up: an 'A' team, with an 'A' idea, in an exciting high-tech industry. It enables students to examine the search for venture capital and the valuation of a seed-stage, high-tech business. Also it can be used to illustrate career paths both in high-tech entrepreneurship and venture capital. This case is positioned in a new ventures course as a classic seed-stage venture capital deal. It is positioned to follow immediately after the case 'Neverfail Computing (A), (B), (C) & (D)', which is funded at the seed stage first by the founders and then by angels, with venture capital not being invested until the early-growth stage. Hence, Neverfail is 4F-funding (founders, family, friends, and foolhardy) followed by venture capital. In contrast, Jon Hirschtick is a 'classic' seed-stage deal: the founders work for no pay to develop proof of principle demonstration of the technology, to write a business plan, and to search for venture capital.