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  • January 2018
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Environmental Technology Fund Partners and E-Leather

By: Vikram S. Gandhi and Aldo Sesia
  • Format:Print
  • | Language:English
  • | Pages:15
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Abstract

It is 2014 and Environmental Technologies Fund (ETF) Partners, a UK-based venture capital firm, has an opportunity to invest in a privately held UK company that manufactured engineered composition leather extracted from waste leather using an environmentally friendly process. The end product looked, smelled, and felt like natural leather. Scalable marketplace adoption of E-Leather’s products looked promising but was just that—promising. And the company’s success would largely depend on management’s ability to significantly improve the efficiency of its manufacturing operations. ETF needed to decide whether to invest in the company and, if so, at what valuation. In addition, ETF needed to decide the structure of the investment and how the firm would assess E-Leather’s environmental impact.

Keywords

Sustainability; Venture Capital; Investment Strategy; Investment; Strategy; Ownership; Valuation; Energy Conservation; Equity; Technological Innovation; Environmental Sustainability; Performance Efficiency; Manufacturing Industry; Financial Services Industry; United Kingdom

Citation

Gandhi, Vikram S., and Aldo Sesia. "Environmental Technology Fund Partners and E-Leather." Harvard Business School Case 318-001, January 2018.
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About The Author

Vikram Gandhi

Entrepreneurial Management
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Related Work

    • March 2018
    • Faculty Research

    Environmental Technology Fund Partners and E-Leather

    By: Vikram S Gandhi and Aldo Sesia
    • October 2019
    • Faculty Research

    Environmental Technologies Fund (ETF Partners)

    By: Shawn A. Cole and Vikram S Gandhi
Related Work
  • Environmental Technology Fund Partners and E-Leather By: Vikram S Gandhi and Aldo Sesia
  • Environmental Technologies Fund (ETF Partners) By: Shawn A. Cole and Vikram S Gandhi
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