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Too Soon to IPO? (HBR Case Study and Commentary)
Champion, David; Bourne, William; Draper, Tim; Mavrinac, Sarah; Jones, Neil; Perry, DavidArticle HBS-R0102A-EEntrepreneurshipFour years ago, Diane Ashton and Sundeep Lal were working together at MIT on a titanium extraction project. Durable and highly heat resistant, titanium is a key constituent of many specialty alloys, but it's also very expensive to produce. So when Diane discovered a solution that isolated titanium efficiently, the partners recognized that the technology would be worth billions to large manufacturers. Sundeep and Diane secured a $20 million invest...Starting at €8.20