Articles liés à Financing the Cayman Turtle 1968 to 1988

Financing the Cayman Turtle 1968 to 1988 - Couverture souple

Webster, Roger J

 
9781074991678: Financing the Cayman Turtle 1968 to 1988

Synopsis

Venture Finance at the sharp end - rampant hubris, as managements, investors, governments, and conservationists clash over the exploitation of Cayman’s Green Sea Turtle.

A “no holds barred” account of the facts, dates, financials, personalities, and cockups, as the world’s only commercial sea turtle farm struggled to achieve financial viability and independance from the Wild.

Established in 1968, in a small Caribbean island that remains a British Overseas Territory, how - after twenty years, one insolvency, two resurrections, the cocksure, and the cockeyed - the turtle farm achieved a cash surplus and sustained profitability, by escaping from a black hole that had drained to the limit, the resources of American, British, and German entrepreneurs, and the Bank of England funded, Commonwealth Development Finance Company (CDFC).

A first hand account, with the main financials confined to appendices, and a brief review of the fortunes of several other private sector start-ups funded by CDFC in the Caribbean.

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