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Full-Text Articles in Education
Duratable Enterprises Inc., Spencer D. Evans, Hal B. Heaton
Duratable Enterprises Inc., Spencer D. Evans, Hal B. Heaton
The Journal of Entrepreneurial Finance
In late 2017, DuraTable received a number of unsolicited inquiries regarding its interest in selling out in a going private transaction, mostly from private equity firms. Since the chairman of the board and founder, Gary Reynolds, was approaching retirement age and the largest single shareholder who had provided the seed capital to start the company was over 80 years old, Mr. Reynolds was willing to consider a sale and provided information to four or five of them to prepare bids. DuraTable was a closely held company with relatively few individuals holding the vast majority of shares. As such, DuraTable’s shares …
Some Entrepreneurship Pitfalls, Philip Wolitzer
Some Entrepreneurship Pitfalls, Philip Wolitzer
New England Journal of Entrepreneurship
All of us have at some point thought how great it would be to be the boss of our own destiny and build a new business. For some it’s a dream that won’t stop until we try. In the old days, all it would have taken was two months’ rent after we built our leasehold improvements. Oh, how times have changed.