preview

Essay on Metapath

Satisfactory Essays

Here are the study questions for the remaining cases. All write-ups should follow the guidelines in the pre-materials (2 pages, double-spaced, no microscopic font, reasonable margins, etc., etc.) and do include electronic copies of any spreadsheets you utilize to support your work. We're on the home stretch!

Metapath Software

1. How has Metapath's ownership structure changed with each round of financing? How has Metapath's financing history affected the offer from Roberston & Stephens (RSC)?
Straight-redeemable, cheap common structure in first two rounds by STI and Bessemer
Third and fourth rounds were standard convertible preferred stock instruments

2. What is your estimate of a fair valuation of Metapath?

3. What are the …show more content…

Metapath Software

1. How has Metapath's ownership structure changed with each round of financing? How has Metapath's financing history affected the offer from Roberston & Stephens (RSC)?
Straight-redeemable, cheap common structure in first two rounds by STI and Bessemer
Third and fourth rounds were standard convertible preferred stock instruments

2. What is your estimate of a fair valuation of Metapath?

3. What are the immediate and future costs and benefits to the Metapath shareholders if the board accepts the RSC offer?
Terms of RSC could make a sale of the company extremely dilutive to the founders in the event of a sale further down the road.
4. What are the immediate and future costs and benefits to the Metapath shareholders if the board accepts the Celltech offer?
Near-term liquidity at an attractive price, without the dilution of further financings and an IPO

5. Which offer should Hansen pursue? Here are the study questions for the remaining cases. All write-ups should follow the guidelines in the pre-materials (2 pages, double-spaced, no microscopic font, reasonable margins, etc., etc.) and do include electronic copies of any spreadsheets you utilize to support your work. We're on the home stretch!

Metapath Software

1. How has Metapath's ownership structure changed with each round of financing? How has Metapath's financing history affected the offer from Roberston & Stephens (RSC)?
Straight-redeemable, cheap common

Get Access