The Chief Executive Gajus Worthington Case

Decent Essays
The Chief Executive, Gajus Worthington, of Fluidigm decided to take the organization public in 2008. However, this was around the same time that the economy took a turn for the worse. Due to the housing market crash, there were few people willing to invest in a startup organization. Investors were panicking and worried they would be without jobs. After Worthington gave a standing room only presentation to investors, three weeks later he changed his mind on the initial public offering (Ante, 2008). Mr. Gajus Worthington, found himself in an awkward position. He had built up the organization in the hopes of finding investors to help further the organization. However, the organization was running through their cash with no public

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