Financing A Silicon Valley Start-up

Questions:1.What is the nature of the opportunity? What ar the strengths and weaknesses of the companion?s stock certificate model?2.Why has TixToGo had trouble secureing momentum?3.What should Lu Cordova do archetypical? What next?4.How would you value TixToGo? From whom and under what terms should the company gain ground funding? How much should they raise?5.What general lessons astir(predicate) entrepreneurship and jeopardize financing can you draw from this case? Be particularised in your answers. Answer:1.On seeing the lack of weathervane work for tag end booking and also unexplored quoin markets requesting for spot reservation of venues with less than 200 seats, TixToGo designed a self-service site to individuals and organizations to facilitate collection of registration fees, ticket purchases, donations or sign-ups for activities over the Internet, believing that the dynamics of the Internet would forego fuddled growth say-so and lucrative returns. The stren gths of this company?s care model are on its market potential and competitive advantages. Responding to event organization, the potential tar experience markets were enormously huge as portrayed in Exhibit 6, addressing to an virtually $120 millions of revenue. Also, on that point were not existing rivals competing in the market. This would give them a ? runner mover advantage?. Nevertheless, the company is weak at its focusing level.

Without a top-notch management team up at the beginning, they failed to obtain suitable venture capitalist or bridge fund to body forth their business. Moreover, they are unav ailing to improve the site infrastructure an! d ask with the legal and nerve work. These pitfalls would limit the expansion of the company?s services and disadvantageously affect the scalability, profitability and sustainability. 2.Due to an over-$200k deficit in year 1998 and 1999, TixTiGo, at the time of decision, failed to sustain its business with the live cash or consider further expansion. There are several reasons: (1) the devil co-founders failed to finance sufficient funds... If you want to get a extensive essay, order it on our website: OrderCustomPaper.com

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