Summary
This case series of a successful European venture in online hotel booking traces its evolution from its inception in early 2000 to the completion of a trade-sale in 2004. The venture went through many difficulties and changes throughout its development, including funding issues, business model changes and team conflicts.
Teaching objectives
Provides in-depth understanding of the challenges faced by growth entrepreneurs in early stage of business development. Specific teaching goals are to: - Assess business model and value creation potential of new venture - Understand trade-offs in early stage fundraising process - Discuss how to manage venture team conflicts and adapt venture plans
Keywords
- Business Model
- Valuation of Ventures
- Business Angel Funding
- Venture Team Conflicts
- Managing Partnerships
- Business Plan Analysis
- New Venture Adpatation
- RD0108
- AR2008
- AR0708
