Greentech Capital Advisors: Banking on a Green Future (B)
This case examines the founding of Greentech Capital Advisors in 2009, presenting the critical dilemma faced by investment banking veteran Jeff McDermott: how aggressively should he pursue a promising but undeveloped market opportunity in sustainable finance? Having secured significant capital and assembled a talented team, McDermott must decide whether to scale his sustainability-focused boutique investment bank rapidly in anticipation of market growth or conserve resources while the cleantech transaction pipeline develops. Students will explore the challenges of market timing, resource allocation, and entrepreneurial conviction when entering an emerging sector that shows strong potential signals but remains financially unproven.
Also see: E889A: Greentech Capital Advisors: Banking on a Green Future