1. In anticipation of an IPO, should Lightwave get another round of bridge financing?
Why or why not?
Yes definitely. If they want to expand their business, the cofounders will need to get
loan through Bridge financing which is a short-te
An entrepreneur is anyone who has the motivation to go after their goals and ideas. It is
someone who is able to take risks and is able to manage those risks. It is someone who is not
afraid to take chances and become uncomfortable and is willing to pu
1. Evaluate the situation facing the Forte founders in April 2001 and the Private
Placement Memorandum (PPM) (Appendix A).
Forte is encountering a very difficult time to seek an Initial Public Offering. The
market is experiencing the nega
With a chain restaurant, one company handles all of the management for the entire business. In
the case of a franchise, there's no central ownership actively involved with all of the stores.
Investors often purchase more than one franchi
The Entrepreneurial process
At the heart of the entrepreneurial process is the innovative spirit.
Entrepreneurship is the great equalizer and mobilizer of opportunity. In our society,
opportunities are available for anyone who wants to prepare and to com
In my opinion Mike Bellobuono should not choose to franchise. If Mike accepts Fred
Delucas offer and franchises there are some risks that Mike must consider. One of the
risks is that Bagelz could end up being an ex
1. Evaluate the company. How much do you believe it is worth? Bring to class a written bid
showing how much you would pay for it if you were Scott and Peterson.
I believe the company is worth for at maximum about one million dollars. From