Describes the many decisions facing the management team at an early stage software company. The company has made significant progress in the development of software, but will need additional capital to move forward. Unfortunately, the situation in the capital market is very difficult, and the management has to decide to meet their financial needs. Contains a detailed history of Marv Tse, Managing Director, who had a wide range of interesting experiences in the world of technology. "Hide
by William A. Sahlman, Christina Darwall Source: Harvard Business School 27 pages. Publication Date: November 4, 2003. Prod. #: 804077-PDF-ENG