Brummer and the bracNet Investment
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Reference: HBS-309065-E
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Year: 2008
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Number of pages: 24
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Geographic Setting: Bangladesh;Sweden
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Publication Date: Apr 17, 2009
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Source: HBSP (USA)
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Type of Document: Case
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Industry Setting: Internet services;Telecommunications;Venture capital;Cellular telephones
bracNet, a for-profit/nonprofit partnership, aims to establish Internet connectivity throughout Bangladesh. Venture capitalist Patrik Brummer invested in a first round of funding to connect major cities. Should he invest again, this time in a rural roll-out, which may have lower financial returns but greater social returns?