DermaCare: Zapping Zits Directly

DermaCare has developed an innovative new product for the treatment of acne that they hope to sell to consumers via direct-response television. The unconventional nature of the product and its distribution has led the company to seek angel financing. The Silicon Valley Band of Angels has agreed to finance the company and has submitted a proposed term sheet. Recently, however, a venture capital (VC) group has submitted a competing term sheet. The company must decide whether to accept financing from the Angels or the VC group.
Collection: HBSP (USA)
Ref: HBS-808064-E
Format: PDF
Number of pages: 21
Publication Date: Sep 21, 2007
Language: English
Review date: Oct 21, 2010

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Description

DermaCare has developed an innovative new product for the treatment of acne that they hope to sell to consumers via direct-response television. The unconventional nature of the product and its distribution has led the company to seek angel financing. The Silicon Valley Band of Angels has agreed to finance the company and has submitted a proposed term sheet. Recently, however, a venture capital (VC) group has submitted a competing term sheet. The company must decide whether to accept financing from the Angels or the VC group.
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Year: 2005
Geographic Setting: California
Industry Setting: Health care services

DermaCare: Zapping Zits Directly

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"DermaCare: Zapping Zits Directly"