This case involves a part of the module to the financing of major projects in the curriculum elective course entitled "major investment." It is set in August 1999, just after the Iridium, a global communications company, filed for bankruptcy. Although the case describes the creation of Iridium, development and commercial launch, it focuses primarily on the firm's strategy and financial performance, as it has raised more than $ 5 billion of capital. It describes specific Iridium securities, the sequence in which he released them, and financial performance of the company into bankruptcy. Using analysts' forecasts, students can appreciate the company into bankruptcy, but recognize how difficult it is to assess technology startups in an uncertain demand. "Hide
by Benjamin C. Esty, Fuaad A. Qureshi, William Olsen Source: Harvard Business School 20 pages. Publication Date: Mar 08, 2000. Prod. #: 200039-PDF-ENG
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