Monthly Archives: June 2003
Kodiak Venture Partners Names John Abraham Venture Partner
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 […]
Good Returns and Experience in ‘Software as a Service’ Space Peaks BA Venture Partners Interest in More Deals
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 […]
Expand Beyond Corp. Secures $3.66 Million in Series B Institutional Financing
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 […]
Appleton, Wis.-Area Investment Adviser Saw Promise in Fee-Only System
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. […]
Hedge Funds Help Investors Satisfy High Expectations
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 […]
If Legislators Can’t Write Own Bills, They Ought To Resign
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 […]
Hedge Funds Help Investors Satisfy High Expectations
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 […]
Venture trusts seek tax break
THE Government is under fire over plans to create small business investment companies rather than boosting tax incentives for venture capital trusts. The plans could strangle a vital funding lifeline for growing businesses, Chancellor Gordon Brown will be told this […]
Business & Media: Business focus: pounds 100bn industry is desperate for deals: Private equity houses are awash with cash to spend but selling on their acquisitions is tricky – so consolidation looms, says Heather Connon
IT IS NO surprise that private equity houses should be among the list of bidders for WestLB’s project finance unit: they are awash with cash and desperate for deals. Somerfield to Safeway, Anglian Water to JJB Sports, Mitchells & Butler […]
How to succeed in business? Have enough money at start ; Entrepreneurs often lack sufficient capital
If there is a single most important rule for succeeding in business, it probably is to have enough money at your disposal. “Most new businesses fail. And if you look at why they fail, the majority are undercapitalized,” said William […]
Capital gains; Venture funding shows signs of rebound
By STEVE ADAMS The Patriot Ledger Larry Genovesi faced two major obstacles while making presentations to two dozen venture capital firms and trying to raise $8 million for his new company, Ammasso Inc. Venture firms were reluctant to invest in […]
Some signs of life after three years of decline
The Patriot Ledger Venture capital activity is showing signs of life after a precipitous three-year decline. Industry researchers say the number of deals and their dollar values are on the upswing, although activity is still a far cry from the […]