In January 2007, Hazem Ben-Gacem, Managing Director and Co-Head of Investcorp Technology Partners (ITP), you must decide what to bid at auction for Moneybookers Limited, one of the three largest suppliers of electronic payment solutions in Europe. However, about 70% Moneybookers gains from online gaming sites (compared to 100% in 2002). Although the argument that e-commerce transactions will soon account for a much larger slice of the company's revenues, high return game still having some issues. Between now and when Ben-Gacem first applied in the amount of € 60 million Moneybookers in November 2006, the U.S. Congress adopted the unlawful Internet Gambling Enforcement Act of pressure on electronic payments company with gambling exposure. How would investors ITP view this deal? Ben-Gacem also worried about, Moneybookers can drive business growth and development regulation around the monetary transactions. Moneybookers was to become effective type of bank deposit accounts and capital requirements, and all statements that went along with it. But can the Internet startup maintain compliance and accounting standards should handle such scrutiny? Whether it is a success, and if so, what would it cost? "Hide
by Matthew Rhodes-Kropf, Carin-Isabel Knoop Source: Harvard Business School 15 pages. Publication Date: February 02, 2011. Prod. #: 811013-PDF-ENG
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