Steven Belkin, 26 years old and 2 1/2 years of HBS, has decided a group travel company he has run for the last year, to make up his own similar businesses. Over the course of several months, he has written a business plan that attracted several partners and employees, started the first tour they offer, and approached venture capital firms and wealthy individuals to increase to $ 250,000 in equity. He has not yet succeeded in finding investors. At the same time, he has gone into personal d … Read more »

Steven Belkin, 26 years old and 2 1/2 years of HBS, has decided a group travel company he has run for the last year, to make up his own similar businesses. Over the course of several months, he has written a business plan that attracted several partners and employees, started the first tour they offer, and approached venture capital firms and wealthy individuals to increase to $ 250,000 in equity. He has not yet succeeded in finding investors. At the same time, he has gone into personal debt to cover costs. Now he has to rethink its financing strategy.
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from
Howard H. Stevenson,
Richard O. Of Werssowetz
Source: Harvard Business School
30 pages.
Publication Date: Oct 27, 1982. Prod #: 383042-PDF-ENG
Steven B. Belkin Case HBR solution

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