As his major-league pitching career was beginning to wind down in 2006, baseball all star Curt Schilling decided to become an entrepreneur. Seeming to focus his tenacity and his passion for on-line role-playing games on a new challenge, an on-line gaming venture, which later became known as 38 Studios was founded by him.
During the venture's first two years, he developed a team of 70 individuals, including an executive team of industry and business veterans, and learned key lessons about the challenges faced by industry -altering entrepreneurs. Wanting to self-fund the enterprise initially, and after finding it hard to raise outside money, he set a substantial percentage of his net worth on the line to build 38 Studios. Now he's facing a crucial acquisition decision that could either help solve them or double his troubles.
PUBLICATION DATE: December 18, 2009 PRODUCT #: 810053-HCB-ENG
This is just an excerpt. This case is about INNOVATION & ENTREPRENEURSHIP
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