The New York Times reports that Venture Capitalist invest in 922 deals in the first quarter of 2008, compared to 861 in the same period last year. The total amount invested was down 5% causing the times to lead with the headline Venture Capitalists Invest Less In First Quarter – New York Times. “We do…
Tag: Finance
Is Founder Control in Public Companies a Good Thing?
Another high profile company going public has decided to maintain control while selling a majority of the economic stakes in the company to the public. This time it is Al Gore as a founder of Current Media. I certainly agree, the company’s shareholders have a right to decide the control structure they want to…
Web start-ups snub the big money – Technology & Media – International Herald Tribune
In Web start-ups snub the big money, the International Herald Tribune suggests this is a trend that should be expected to continue for a few if not spread to many companies in the space.“By then, Meebo was being courted by venture capitalists, but it decided to take a modest $100,000 from three angel investors, people…