CanNet is a small, recently created company, whose business is the provision of Internet services. Two entrepreneurs are considering whether to invest a substantial portion of their personal resources in this company. The recent very rapid growth of the World Wide Web makes CanNet appear to be an interesting venture for them. CanNet has a number of potential growth opportunities, but they all require an investment of funds and they are all risky. .....more

The general manager of Hong Kong's Tradelink project has to decide whether Tradelink should issue a Request for Proposals to computer vendors now, or wait a few months for the Hong Kong government's formal approval that it will grant Tradelink a monopoly to operate an electronic data interchange (EDI) service for government trade documents and take a shareholding in the company. The central issue in the case is the question of the extent to .....more