iyzico
Synopsis
The case opens in July 2016 as Barbaros Ozbugutu, co-founder and CEO of the Istanbul-based payment technology start-up iyzico, contemplates the pros and cons of the different term sheets the company has received for its Series C round. The case then informs the reader about some changes in circumstances that affected the terms of the shortlisted offers. At the end, the case poses this question: Being faced with worsening terms in a volatile environment, should Ozbugutu go ahead with the round, or should he wait and try again at a later point in time?
This case provides an opportunity for students to: Explore how volatility affects startups during fundraising and the different options that founders face to sustain their company's operations and growth at times of turmoil. Consider negotiation strategies and decision-making during turmoil in the financial markets. Develop a deeper understanding of how founders navigate major obstacles in their company's lifecycle and think under pressure.
- Copyright:
- 2018 President and Fellows of Harvard College
Book Details
- Book Quality:
- ISBN-13:
- Publisher:
- Harvard Business School Publishing
- Date of Addition:
- 2019-04-03T23:59:00Z
- Language:
- English
- Categories:
- Usage Restrictions:
- This is a copyrighted book.