This case was written for undergraduate and graduate courses in entrepreneurship. Elderline link was voice technology applications company, founded by two former colleagues. After booting from the moment of its creation, it was on the verge of collapse. She has reached a critical point. While the momentum has been encouraging, the need to preserve cash and raise money are essential if the company is going to survive. Three months before, in May 2002, the team was closed several investors seed round of just over $ 380,000. At that time it was a relief to finally compensate employees who were previously working on faith, it was obvious that things were going to get a real hard again, and fast. Elderline partners found that venture capitalists, sobered the dot-com bubble and the stock market has been steadily declining, apparently in favor of less risky options, which could offer, if not actual profit, at least by the contract, customers and revenue. In an attempt to throw a wide net, the team is in talks with "Finder", a well-connected broker financing with venture investor contacts all over the northeast. What should they do? If they hire this search or look for alternative methods of using in venture funding, are they necessary? "Hide
by William Bygrave, Carl Hedberg Source: Babson College 17 pages. Publication Date: January 1, 2003. Prod. #: BAB110-PDF-ENG
