Author Archives: the HedgeCo News Team

Hydrogen fuel cells have been touted as a revolutionary energy source that could eventually power everything from cellular phones to fighter jets. So it should not be a big surprise that venture capitalists, always on the prowl for the next […]

xfdce NIGHTLY-BUSINESS-REPO-00 Show: NIGHTLY BUSINESS REPORT> Date: July 25, 2003> Time: 18:30:00> Tran: 072500cb.118> Type: SHOW> Head: Nightly Business Report> Sect: Business> Byline: Paul Kangas, Linda O`Bryon> Guest: Jeffrey Everett> Spec: Business; Economy> Time: 00:00:00> (AUDIO GAP) LINDA O`BRYON, NIGHTLY […]

Western Asset Management is about to start showing investors its first collateralized debt obligation since early 2002. The Pasadena, Calif., money manager’s $500 million offering, called Coronado, will be backed by a mix of structured products and investment-grade corporate bonds […]

BANGALORE, India (AP) — Silicon Valley venture capital firm Sequoia Capital, which funded technology giants like Yahoo, Oracle and Cisco, has put US$22 million into Indian call center firm 24/7Customer, company officials said Thursday. The investment will fund the Indian […]

MENLO PARK, Calif.–(BUSINESS WIRE)–July 24, 2003–Diamondhead Ventures, an early-stage venture firm focused on communications and computing infrastructure technologies spinning out of leadingresearch universities and corporations, announced today the appointment of E. Scott Russell as its third General Partner. Mr. Russell […]

HERNDON, Va.–(BUSINESS WIRE)–July 24, 2003–Ikimbo, Inc., the leader in real time communications for the enterprise, closed a round of financing totaling $2.0 million. The round was lead by CrossAtlantic Capital Partners from the Cross Atlantic Technology Fund, L.P. a $120 […]

HERNDON, Va.–(BUSINESS WIRE)–July 24, 2003–Ikimbo, Inc., the leader in real time communications for the enterprise, closed a round of financing totaling $2.0 million. The round was lead by CrossAtlantic Capital Partners from the Cross Atlantic Technology Fund, L.P. a $120 […]

Jul. 24–Venture capitalists continue to lose money, with the average firm suffering a one-year loss of 29.1 percent through March 31, according to the latest industry data released Wednesday. That’s the ninth consecutive quarter of negative returns, marking the longest […]

EDITORIALS With critics already looking askance at the state’s entry into the capital venture game, it’s a bad time for state officials to cloud the issue — intentionally or otherwise. That happened with Mesa Semiconductors, a startup company formed by […]

Venture capital funds collectively lost 29percent over the year ended March 31, industry watchers reported yesterday. Thomson Venture Economics and the National Venture Capital Association also said venture funds lost 17.1 percent over three years. The groups attributed the declines […]

February 2003 Cordiant, paying the price for over-expansion during the dotcom boom, admits it must redraft loan agreements and puts three subsidiaries up for sale. April 2003 Drinks group Allied Domecq cancels a crucial contract with the group’s Bates advertising […]

SHARES of British Airways went into a nosedive today as the fallout from this week’s chaos at Heathrow caused by industrial action began to be felt. Shares of the national carrier were among the biggest fallers in second liners with […]