Case | HBS Case Collection | January 2009 (Revised March 2011)

Milliway Capital: Battening Down the Hatches

by Josh Lerner, G. Felda Hardymon and Ann Leamon

Abstract

Facing the downturn in late 2008, the partners in a West-Coast venture capital firm are trying to decide how to manage their portfolio companies and whether to make new investments. Not only must they consider the particulars of each company individually, but they must also think about how to manage the entire firm's portfolio.

Keywords: Financial Crisis; Venture Capital; Financial Management; Investment Portfolio; Financial Services Industry; Western United States;

Citation:

Lerner, Josh, G. Felda Hardymon, and Ann Leamon. "Milliway Capital: Battening Down the Hatches." Harvard Business School Case 809-072, January 2009. (Revised March 2011.)