Traction Ventures - Part B Case Solution
John Beck, CEO of LightSpeed Technologies, is looking for $10 million in equity capital funding to obtain his business off the ground after its preliminary seed financing. In Parts A through C, John deals with a variety of difficult situations, beginning with the demand from a distinguished Silicon Valley VC to hold back on closing an offer for 4 weeks to provide him time to carry out due to attentiveness. John later on gets term sheets from other, smaller sized VCs and need to choose regardless if to progress or wait his initial dedication. Later on, he should select in between 2 appealing however financially various offers.
This is just an excerpt. This case is about Business