Two entrepreneurs have just been told by their venture capital turnout to prepare a list of possible cuts in order to survive the economic crisis in 2008-2009. The impact on individual companies is very different: one is a later-stage companies with a turnover of over 100 million dollars, the other tries a pre-revenue company to raise its first institutional round. The entrepreneur must consider their options and the impact on their business growth and perhaps survival.

Two entrepreneurs have just been told by their venture capital turnout to prepare a list of possible cuts in order to survive the economic crisis in 2008-2009. The impact on individual companies is very different: one is a later-stage companies with a turnover of over 100 million dollars, the other tries a pre-revenue company to raise its first institutional round. The entrepreneur must consider their options and the impact on their business growth and perhaps survival.
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from
G. Felda Hardymon,
Ann Leamon
Source: Harvard Business School
17 pages.
Release Date: 10 April 2009. Prod #: 809109-PDF-ENG
Dave and Millie: A Tale of Two Entrepreneurs HBR case solution

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