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Business
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| Number of pages / Number of words: |
3 / 722 |
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This manager could be supplemented by hiring an outside consulting firm to do market research and analysis and help develop a strategic plan. Not having a balance sheet available in the case, all of this may require another round of VC funding, an IPO, and/or finding a strategic partner.
On the strategic partner side, DataClear has several options...
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First, there was the idea of teaming with Benro in a joint venture for software distribution. I am neutral to negative on this option. If there was enough capital available (i.e., from an IPO), then it might be a better step to buy Benro to get its data mining software package (if it was that good) as well as gaining a European presence, more software engineering talent, and enhancing the value of the company...
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