Case | HBS Case Collection | January 2001 (Revised May 2001)

Return Logic, Inc. (B)

by Richard G. Hamermesh and Michele Lutz


Highlights how multiple rounds of financing work in practice and illustrates how terms agreed to in early-stage financing deals have an impact in later financing rounds. Also illustrates ethical issues that entrepreneurs confront as they build "dot-com" ventures.

Keywords: Venture Capital; Investment Funds; Private Equity; Internet; Negotiation Deal; Entrepreneurship; Ethics;


Hamermesh, Richard G., and Michele Lutz. "Return Logic, Inc. (B)." Harvard Business School Case 801-168, January 2001. (Revised May 2001.)