Conclusion
In March of 1996, Portugal's leading business periodical nominated Luis , Michael, and Pascal as " Entrepreneurs of the year " but the feeling of honor was matched with a sense of urgency to set a strategy that would prepare the firm for a successful international IPO. How could the founders grow the firm rapidly , achieve their wealth aspirations, and yet minimize dilution and meet the requirement of the potential providers of capital ? Luis, Michael , and Pascal settled in for yet another long night of work.