Publications
Publications
- March 2021
- HBS Case Collection
CashDrop (B2)
By: Rembrand Koning, Paul A. Gompers and Sarah Gulick
Abstract
After the events in CashDrop A, Jarrid Tingle and Henri Pierre-Jacques, the founders of Harlem Capital partners, worried that Ruben Flores-Martinez, CashDrop’s founder, would take another offer while he waited for them to officially make an offer. HCP traditionally took more time to vet their potential investments, but Tingle and Pierre-Jacques did not want Flores-Martinez to pick another VC while he waited. The case asks if they should adjust their terms to be more competitive.
Keywords
Small Business; Entrepreneurship; Business Startups; Venture Capital; Online Technology; Technology Industry; Financial Services Industry; New York (city, NY)
Citation
Koning, Rembrand, Paul A. Gompers, and Sarah Gulick. "CashDrop (B2)." Harvard Business School Supplement 221-053, March 2021.