Stage $3$: Maturity $-$ Ensuring Sustainabllity

After a couple of years in business, SafeRide Innovations, inc. has seen tremendous success. The

company has grown and now sells its seats online and in shops across the state. While the business has

already been more successful than you could have ever hoped for, you realize that it is important to

ensure that its growth can be sustained. As a result, you and your partner decide to seek another round

of funding. You are faced with three funding options:

Internal Cash Flow: Rely on profits generated by the product to fund further development and

expansion. Retain full ownership and control over the venture's destiny.

Debentures$/$Bonds: Issue bonds to raise funds from the public, offering a fixed interest rate.

Balance debt with sustainability, avoiding overburdening the venture.

Take on Additional Investors: Consider selling a portion of equity to private investors for

significant capital infusion. Trade ownership for funds needed to drive further innovation and

expansion.

Stage $4$: Harvesting the Venture $-$ Exit Strategy

After ten years in business, you feel that you have accomplished everything you ever wanted with

SafeRide Innovations, Inc. Your company has become a well$-$known and well$-$respected company in child

safety seats. You feel extremely proud that your product has likely saved the lives of countless children.

However, you realize that there is much more that could be done to protect children and you are ready

to walk away from the venture and focus on nonprofit work. It is now time to capitalize on your success

and enter a new phase of life. You are faced with three exit strategies:

Initial Public Offering $($IPO$)$: Take the venture public through an IPO, enabling access to public

capital markets. Provide liquidity to investors and open doors to further expansion, while

navigating complex regulatory landscapes.

Acquisition: Explore acquisition opportunities with automotive giants interested in integrating

the innovative technology. Realize immediate returns, but consider the impact on the venture's

original vision.

Management Buyout: Collaborate with the existing management team to buy out the venture,

maintaining the vision and culture. Secure financing to maintain ownership while charting a

course for future growth without you.

Your report should be in APA format and at least $2$ pages in length, not including a reference page. Make

sure you are fully explaining why you chose each option and why you think it is better than the

alternatives. You should also support your decisions using properly cited, outside sources. Submit your

report as a Word document or PDF$.$