After funding the product development and testing, by may 2004, SPC had six team members.They had all been given an equity stake in exchanged for their part-time services.Poss was seeking funding to allow him to take the business to the next level--a larger production run with reduced component costs and increased production efficiencies.
Chronicles the evolution of the company and places Poss at the critical juncture of deciding how best to deal with potential investors and funding alternatives.
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At the eleventh hour, however, the seller has demanded that the buyer personally.
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