Workbrain Corp. – A Case in Exit Strategy
1.- Imagine that you are Matt Chapman. Prepare a memo (or outline the points that would go into a memo) on the subject of the exit strategy Workbrain should pursue and why.
2.- Write a 4-5 page paper in which you do the following: (discuss e)ach point separately)
1. Discuss whether Workbrain should prepare for an IPO.
2. Determine if now is the right time for an IPO.
3. Determine which exchange would serve the company better (TSX or NASDAQ) and why.
4. Determine if the shareholders would be better off if the company pursued potential acquirers rather than an IPO.
5. Discuss what other financing alternatives are available.
6. Discuss if the company even needs to raise money.