Toggle Nav
My Cart
English
Español
Menu
Account
  • Log in / Register
    • Language
    English
    Español

    Dr. Klaus Hommels: The Midasplayer Decision

    Mitchell, Jordan ; Amis, David ; Liechtenstein, Heinrich

    English , Spanish

    • Reference: F-806-E

    • Year: 2003

    • Number of pages: 13

    • Publication Date: May 15, 2007

    • Source: IESE (España)

    • Type of Document: Case

    Grouped product items
    Format Language Reference Use Qty Price Preview
    pdf English F-806-E
    As low as €8.20
    		Preview

    You already have a subscription
    To order please contact the person in charge of academic purchases in your university.
    You'll be able to order once your profile has been validated.

    Description

    Angel investor Dr. Klaus Hommels, had met several times with the start-up founders of Midasplayer.com in London. They discussed the possibility of investing in Midasplayer. Hommels asked himself whether it was just another of the umpteen deals he had seen in the past or whether it was something truly worth gold. The founders had offered Hommels to invest up to €1 million for the third round investment. Zacconi and Rowland's business plan called for Midasplayer to hit revenues of over €15 million and after-tax cash flow of over €3 million by 2006. The business plan projections hinged on signing major distribution deals through portals. Hommels had three key considerations: Should I invest at all? If so, how much do I want to put in given that the size of the amount is not my primary concern? How much of the company do I want in return?

    Related Documents

    Keywords

    Information technology Innovation Internet Start-up Financing