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Assignment Read the case FLEXSHYFT. Assume that it is March 2, 2020. Assume further that you are Olivia Manavon, cofounder and CEO of the
Assignment Read the case "FLEXSHYFT". Assume that it is March 2, 2020. Assume further that you are Olivia Manavon, cofounder and CEO of the labor marketplace FlexShyft, and Jordan Maines, cofounder and Chief Technology Officer of the venture. Today, you received a term sheet from Theresa Green, general partner at Storm Point Ventures. You must decide what to do with the term sheet offer before March 6, 2020. Use the information given in the case, highlight the key issue(s), analyze your options as cofounders, evaluate these, and make a clear recommendation on what you should do. Note, you must not use any information post March 6, 2020. A Guide to Doing Case Studies I use cases as aids for developing business acumen, as they confront you with business situations that require decisions. Often, these decisions must be made without full information. This is a fact of life in the "real world" as well. You get what you put into a case. If you do a superficial reading of the case, don't be surprised if you get little out of it. However, many students around the world have found that when they put a significant effort into understanding the point of the case, they are amply rewarded by the knowledge they gain. However, making effective use of cases is a learned skill. Therefore, I have prepared the following points to assist your study of the case we do this semester. 1. Read the case carefully. a. There are a lot of facts in the case. b. Discern which facts a relevant and which are not. c. This may take more than one reading and it will certainly take some thought. 2. Identify the opportunities or challenges facing the parties in the case. 3. Isolate the business decisions needed by the parties in the case. 4. Argue for a course of action on each decision. a. Prepare all the documentation and analysis necessary to support your courses of action. b. You probably do not have enough information in the case write-up to complete some analyses. c. Do the best you can with the information you have. d. Note what the information or collateral studies you would do to further clarify your decisions. 5. Take a stand! 6. If called upon you should be prepared to articulate any or all facets of the case and to lead a discussion on them.
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