Charles Ferguson just heard from venture capital (VC) consortium, which he is prepared to finance Vermeer Technologies, a company he founded to develop the software the Internet. These funds are urgently needed, but venture capitalists have introduced some onerous conditions, including a request that the former general manager of Vermeer to be an outsider. "Hide
by Ashish Nanda, Mahmoud Takia Source: HBS Premier Case Collection 10 pages. Publication Date: February 20, 1997. Prod. #: 397078-PDF-ENG