Suppose you are the chief ﬁnancial oﬃcer of a small computer software development ﬁrm. Your ﬁrm
needs $10 million to exploit investment opportunities that will allow it to retain its position in the
software market. What type(s) of security(ies) might be most appropriate for your ﬁrm? What type(s)
of offerings might be most appropriate? (Assume your ﬁrm is past the venture capital stage.)

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The Answer of Suppose you are the chief ﬁnancial oﬃcer of a small computer software development ﬁrm. Your ﬁrm
needs $10 million to exploit investment opportunities that will allow it to retain its position in the
software market. What type(s) of security(ies) might be most appropriate for your ﬁrm? What type(s)
of offerings might be most appropriate? (Assume your ﬁrm is past the venture capital stage.)

Suppose You Are the Chief ﬁNancial Oﬃcer of a Small