Brummer and the bracNet Investment

  • Reference: HBS-309065-E

  • Year: 2008

  • Number of pages: 24

  • Geographic Setting: Bangladesh;Sweden

  • Publication Date: Apr 17, 2009

  • Source: HBSP (USA)

  • Type of Document: Case

  • Industry Setting: Internet services;Telecommunications;Venture capital;Cellular telephones

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Description

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?

Keywords

corporate social responsibility Developing countries International business International entrepreneurial finance Nonprofit organizations Return on investment Technology