Author Archives: the HedgeCo News Team
Revived Norfolk, Va.-Area Technology Council Draws Mix of Companies
Jul. 3–NORFOLK, Va. –As the technology bubble inflated in 1999 and 2000, venture capital firms threw money at every company with the next great invention or Internet business. Back then, theHampton Roads Technology Council helped local companies present their business […]
Manufacturing: How good things can come in very irregular packages
Some people may believe that irregular dimension and weight is a prerogative of the slimming industry but for mixed parcels carrier Nightfreight, IDW is profitable business. The Willenhall company’s vehicles chart their way across Britain’s highways 24 hours a day […]
Salesforce.com Named to AlwaysOn’s AO100 Top Private Companies
SAN FRANCISO–(BUSINESS WIRE)–July 2, 2003– Top nominations include salesforce.com and Google as over 1,000 investors, investment bankers, entrepreneurs and executives cast their votes for the companies that demonstrate market traction and ability to disrupt existing markets Salesforce.com, the world leader […]
FARMING BUSINESS: Making every single penny count
BRIAN HOWES, the chairman of Finance Wales which was created to assist small to mediumsized enterprises to innovate and grow, argues that companies which fail to balance the elements making up theirfunding package, could pay a high price. When a […]
U.S. Venture-Capital Investment Deals Drop 44 Percent in Second Quarter
Jul. 2–U.S. venture capital investing is down 44.1 percent in the second quarter compared with the same period in 2002, according to VentureWire, an online venture capital newsletter. Preliminary figures show 355 private U.S.-based companies raised $3.3 billion in venture […]
Govt Panel Proposes Support System for IT Ventures
Tokyo, July 2 (Jiji Press)–A study group attached to the Japanese public management ministry on Wednesday produced a report urging the government to set up a system to support information technologyventure firms with public- and private-sector funds. The Ministry of […]
The Weekly Market Update: This week’s outlook….
The Fed can�t be happy with the market�s reaction to its 25 basis point rate cut. The 10-year Treasury sold off on the news, taking the yield up to 3.54% from a record low of 3.08% barely two weeksearlier. The […]
Janus Opens Overseas Fund
Janus Capital Group said Monday that it would once again let new investors buy into its Janus Overseas Fund. The Denver mutual fund firm closed the fund to new investors in April 1998, when assets totaled about $4 billion. It […]
Monster’s founder eyes the future
Jeff Taylor, the founder and chairman of Monster, the Internet- based recruitment company that has the largest job-posting traffic volume on the globe, is a big believer in the ability of technologyto reshape the world. The advertising agency veteran dreamed […]
Finding a realistic approach to rising interest rates
In order to understand investing during the rising portion of the interest rate cycle, let’s look at the last major upswing in rates. Consider the period beginning Sept. 30, 1998, and continuing to the end of December 1999. This 15-month […]
Look before you leap
Before you, or your client jump in bed with a venture capitalist, it’s best to know the ground rules. The growing significance of the venture capital industry means that accountants need to have a strong appreciation of the issues arising […]
Lance Russell Gersbachz CA 1942-2003
Lance Gersbach was tragically killed in the Solomon Islands on 18 May this year while working as the business manager/accountant at the Atoifi Hospital on the island of Malaita. He was admitted as a CA in the 1970s while working […]