From Go to IPO:  The hyper-growth strategy of the new European telecoms operator Versatel

Willem Hulsink; Ferdinand Jaspers; P Kraaijeveld

From Go to IPO: The hyper-growth strategy of the new European telecoms operator Versatel

Willem Hulsink
, Ferdinand Jaspers
, P Kraaijeveld

Department of Strategic Management and Entrepreneurship

Rotterdam School of Management

Research output: Memorandum/exposition › Teaching case › Professional

Abstract

In the beginning of 1999, it became clear to Gary Mesch, co-founder of Versatel, that an initial public offering (IPO or 'going public') should be considered a serious option to further finance the rapid growth of his company. After securing hundreds of millions of euros to construct Versatel's own fiber-optic telecommunications network and the acquisition of customers, Versatel still required significant capital to finance its growth and repay interest obligations. In just four years, the company had grown from 15 employees in 1995 to more than 300 in 1998. Many questions crossed Gary's mind, but one was most pressing: Would going public even be possible?

Original language	English
Number of pages	18
Project No.	812-004-1
Publication status	Published - 2012

Publication series

Series	RSM Case Development Centre
Number	812-004-1

Bibliographical note

Based on published sources; 18 pages.
Follow the 'handle' link to access the Case Study on RePub.
For EUR staff members: the Teaching Note (812-004-8) is available on request, you can contact us at rsm.nl/cdc/contact/
For external users: follow the link to purchase the Case Study and the Teaching Note.

This teaching case was prepared by Willem Hulsink ([email protected]), Ferdinand Jaspers ([email protected]), and Pim Kraaijeveld at Rotterdam School of Management (RSM), Erasmus University, the Netherlands, with the assistance from RSM Case Development Centre. We wish to thank Gary Mesch, co-founder of the former Versatel for his information and opinions. The authors prepared this teaching case to provide material for class discussion rather than to illustrate either effective or ineffective handling of a management situation. The author has disguised certain information to protect confidentiality.

Copyright © 2012, RSM Case Development Centre, Erasmus University. No part of this publication may be copied, stored, transmitted, reproduced or distributed in any form or medium whatsoever without the permission of the copyright owner.

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RSM S&E

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RSM Case Development Centre

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Cite this

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abstract = "In the beginning of 1999, it became clear to Gary Mesch, co-founder of Versatel, that an initial public offering (IPO or 'going public') should be considered a serious option to further finance the rapid growth of his company. After securing hundreds of millions of euros to construct Versatel's own fiber-optic telecommunications network and the acquisition of customers, Versatel still required significant capital to finance its growth and repay interest obligations. In just four years, the company had grown from 15 employees in 1995 to more than 300 in 1998. Many questions crossed Gary's mind, but one was most pressing: Would going public even be possible?",

author = "Willem Hulsink and Ferdinand Jaspers and P Kraaijeveld",

note = "Based on published sources; 18 pages. Follow the 'handle' link to access the Case Study on RePub. For EUR staff members: the Teaching Note (812-004-8) is available on request, you can contact us at rsm.nl/cdc/contact/ For external users: follow the link to purchase the Case Study and the Teaching Note. This teaching case was prepared by Willem Hulsink ([email protected]), Ferdinand Jaspers ([email protected]), and Pim Kraaijeveld at Rotterdam School of Management (RSM), Erasmus University, the Netherlands, with the assistance from RSM Case Development Centre. We wish to thank Gary Mesch, co-founder of the former Versatel for his information and opinions. The authors prepared this teaching case to provide material for class discussion rather than to illustrate either effective or ineffective handling of a management situation. The author has disguised certain information to protect confidentiality. Copyright {\textcopyright} 2012, RSM Case Development Centre, Erasmus University. No part of this publication may be copied, stored, transmitted, reproduced or distributed in any form or medium whatsoever without the permission of the copyright owner.",

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