Monthly Archives: June 2003

Venture capital pool appears to be getting very shallow By BARRY FLYNN Orlando Sentinel Monday, June 30, 2003 If there is a single most important rule for succeeding in business, it probably is to have enough money at your disposal. […]

Winners and losers take time to sort themselves out in Private Equity, testing our patience and our investors�. The key is picking good management teams, not just good �companies�, and giving themtime to mature. Consider Texterity, one of our portfolio […]

The 25 basis point cut in interest rates, the past week, showed the determination of the Federal Reserve to keep deflation at bay. It is taking advantage of an environment of low inflation todiminish the risk of deflation with aggressive […]

Jun. 30–As he prepared to lay off 100 workers at Garden.com three years ago, Cliff Sharples swore he would never do another tech startup. “I said, ‘No way,’ ” says Sharples, a co-founder of the online garden products retailer, one […]

LAGUNA NIGUEL, Calif.–(BUSINESS WIRE)–June 30, 2003–Bitfone Corporation (www.bitfone.com), a leader in over-the-air (OTA) firmware update technology for mobile phones, today announced it hassecured additional funding from Motorola Ventures, the venture capital investment arm of Motorola, Inc. This investment will bring […]

CAESAREA, Israel–(BUSINESS WIRE)–June 30, 2003– Company signs Agreement with Medtronic Inc. regarding distribution of its Diverter(TM) flagship product in the CE-Mark Countries Mindguard(TM), a privately-held leading developer of stroke-prevention medical devices, today announced that it has finalized a financing round […]

WALTHAM, Mass.–(BUSINESS WIRE)–June 30, 2003– Abraham Brings Outstanding Investing Track Record and Operational Expertise Kodiak Venture Partners, a seed and early stage venture firm focused on communications/IT, semiconductor and software companies, today announced that John Abraham has joined the firm […]

FOSTER CITY, Calif.–(BUSINESS WIRE)–June 30, 2003–BA Venture Partners, a leading venture capital firm, today announced it is actively seeking new deals with companies offering software as aservice. “Software as a service” is an application delivered to customers over the Web […]

CHICAGO–(BUSINESS WIRE)–June 30, 2003– Up-Round underscores investor and market enthusiasm for company’s leadership position in wireless IT management industry Expand Beyond Corp., the worldwide leader in mobile software for IT management, today announced the closing of a $3.66 million financing […]

Jun. 29–As a young man, Vernon Sumnicht loved math calculations and wanted to mix this passion with the excitement of stock market investing. So, in college, he prepared himself with an undergraduate degree in finance and master’s of business administration. […]

Jun. 29–A hedge fund — something that makes most small investors get a glazed-eye look or shrink in fear — is becoming more commonplace, but it’s not on Main Street in the investment world justyet. Prateek Mehrotra, chief investment officer […]

How stupid can state legislators and the governor be to pass and sign a law giving $75 million to venture capital companies to increase jobs and then have 174 jobs reduced? If you read the June 14article “Jobs bill costing […]