The DoDots case chronicles the financing history of this Internet startup and its relationships with its investors from the Company’s inception through its efforts to raise its second round. The case examines various stages that the Company goes through including: · An entrepreneur-friendly first round led by Softbank, · A number of creative (and potentially burdensome) debt financings which allowed the Company to significantly stretch its initial equity investment, · A failed first attempt to close a second round in the face of market turmoil, · The Company’s efforts to piece together somewhat less desirable financing to allow it to continue operations and meet its obligations to its creditors. Teaching Note available.
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