Chronicles the history of the internet finance start-up and its relationship with investors since its inception in its efforts to raise its second round of funding. Discusses various stages, including entrepreneur-friendly first round led by Softbank, a number of creative (and potentially onerous) debt financing, which allowed the company to stretch their initial equity investment substantially unsuccessful first attempt to close the second round in the face of market turmoil and the company's efforts to piece together a few less desirable funding to allow it to continue its operations and meet its obligations to creditors. For a discussion of financial issues in the business enterprise. Pros and cons of debt financing, the impact of other conditions than the estimate in the evaluation of the transaction and the relationship between the company and its venture capitalists "Hide
by John Glynn, Jr., Keith Sigg Source: Stanford Graduate School of Business 27 pages. Publication Date: July 1, 2000. Prod. #: E89-PDF-ENG
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