Fictional case SpiffyTerm, Inc, is designed to teach students about the term sheets are widely used in venture capital transactions. At the time of the case, the three founders of the company to concentrate on the meaning of the term sheet just received from the company Silicon Valley firm's capital (included in case) and, given the current and expected future rounds of funding, to work together to determine which evaluation and other conditions that they should trade. The housing consists of six sections: 1) basic assessment, 2) evaluation of alternative scenarios, 3) empowerment and founder of replacement, 4) preferred stock, 5) the price of the next round, and the right of first refusal, and 6), anti dilution. Proceedings of this case is a spreadsheet that contains all of the formulas used to solve these problems. "Hide
by Thomas Hellmann Source: Stanford Graduate School of Business 12 pages. Publication Date: March 1, 2001. Prod. #: SM86-PDF-ENG
Related Case Solutions & Analyses:
Killing Craigslist: Entrepreneurship in the Online Apartment Rental Market
The Britney Spears Universe: Social Media and Viral Marketing at its Best
If You cant beat them let them join: The Development of Strategies to Foster Consumers Co-Creative practices
Regional Advertising Industry of New England
Justin Wilson plc: Financing a Formula One Rising Star (A)
Intel’s Pentium: When the Chips are Down (A), Spanish Version
TA Energy (Turkey): A Bundle of International Partnerships
The Ascendance of AirAsia: Building a Successful Budget Airline in Asia
Travelers Bond Construction Services Redesign
Apple Inc.
