EXAM 2017 – 2018 ........................................................................................................................................ 2
EXAM 2018 – 2019 ........................................................................................................................................ 3
EXAM 2019 – 2020 ........................................................................................................................................ 5
EXAM 2020 – 2021 ........................................................................................................................................ 7
1
, EXAM 2017 – 2018
Take case Watchyou (book p. 215 (P&L) – 217 (Financing plan) – basic scenario). The fine-tuning of the
business plan revealed that the financial needs for the first 6 months are 55K; second 6 months of yr 1:
80K and yr 2: 15K.Therefore the financing rounds have been adapted. There are 2 new proposals are on
the table:
Proposal 1:
- Crowdlending (not equity): 20K @ 5% interest rate – payback after 8 yrs
- BA1: 35K desired return 35%
- VC1: 80K and wants therefore a share of 31,5%
Proposal 2:
- BA1: 15K desired return 40%
- Mezzanine: 40K, interest 25% (non convertible)
- BA2 : 80K, desired return 30%
Question : which proposal do you – as founder – prefer: give reasons:
My preference goes to proposal … for following reasons:
1.
2.
3.
Give a structured and easy to read analysis of both proposals (one page only)
2
EXAM 2018 – 2019 ........................................................................................................................................ 3
EXAM 2019 – 2020 ........................................................................................................................................ 5
EXAM 2020 – 2021 ........................................................................................................................................ 7
1
, EXAM 2017 – 2018
Take case Watchyou (book p. 215 (P&L) – 217 (Financing plan) – basic scenario). The fine-tuning of the
business plan revealed that the financial needs for the first 6 months are 55K; second 6 months of yr 1:
80K and yr 2: 15K.Therefore the financing rounds have been adapted. There are 2 new proposals are on
the table:
Proposal 1:
- Crowdlending (not equity): 20K @ 5% interest rate – payback after 8 yrs
- BA1: 35K desired return 35%
- VC1: 80K and wants therefore a share of 31,5%
Proposal 2:
- BA1: 15K desired return 40%
- Mezzanine: 40K, interest 25% (non convertible)
- BA2 : 80K, desired return 30%
Question : which proposal do you – as founder – prefer: give reasons:
My preference goes to proposal … for following reasons:
1.
2.
3.
Give a structured and easy to read analysis of both proposals (one page only)
2
