In April 2010, Salil Deshpande has lately resigned from Palo Alto, California-based Bay Partners (Bay) where he had been a general partner. Although Deshpande had assembled a successful history in the venture firm, he resigned with two other Bay general partners as disagreement about internal economics and government persisted along the Bay’s six-member management team.
This triggers the "key man" paragraph in the limited partnership deal of Bay's most recent fund, Bay XI. The case considers the choices as fund's futures and the firm is thrown into doubt that the Bay XI limited partners and Deshpande face.
PUBLICATION DATE: March 07, 2013 PRODUCT #: 213102-PDF-ENG
This is just an excerpt. This case is about INNOVATION & ENTREPRENEURSHIP
Related Case Solutions & Analyses:
Andy Chew at Siemens Nixdorf: Change from the Middle
Apple Computer–1996
Eastman Chemical Co.: Building a Board from Scratch
Chadwick Inc.: The Balanced Scorecard (Abridged)
Workbench Pricing Strategy
Organizational Capabilities and U.S. War Production: The Controlled Materials Plan of World War II
Rehability: More than Just Wheelchairs (B) Supplement
JetBlue Airways (IPO process)
Ethical Issues In Business
Shanzhai (“Bandit”) Mobile Phone Companies: The Guerrilla Warfare of Product Development and Supply Chain Management
