Eberhart faces an interesting conundrum. On the one hand, he wants to be able to spend more time at home and less time in his executive role in Japan. On the other hand, if he hires Khoo, he will need additional capital in order to support the level of growth they are hoping for.
While selling to an investor either partially or the full company can seem attractive, it is too often the go to tactic that is prescribed, especially in Silicon Valley. Given that the capital is purely needed to be able to buy more inventory and accelerate our growth, there are better financing methods of doing this. Raising debt would in my opinion be a much better way of supporting more organic growth. Either through bridging loans / LCs from banks or other investors.
However, this avenue would require the continued involvement of Eberhart and maybe even the choice of a different CEO. If Eberhart truly wants to step away, it may be better for him to cash out at this point and move on.
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