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 […]

SAN FRANCISCO (AP) — Venture capitalists began this year in a familiar position — sinking deeper into the morass of losses left by their high-tech investment spree of the late 1990s. The average venture capital fund posted an average one-year […]

SAN FRANCISCO (AP) – Venture capitalists began this year in a familiar position – sinking deeper into the morass of losses left by their high-tech investment spree of the late 1990s. The average venture capital fund posted an average one-year […]

Two senior executives have left Blackstone Group to set up a real estate platform at hedge-fund operator Och-Ziff Capital Management. Steve Galiotos and Steve Orbuch, who were named managing members, will form a private-equity and asset-management group that is expected […]

If you want to know why Reuters’ share price has more than doubled since April, you have to look further than yesterday’s interim results. At face value, the media information group’s numbers readlike a disaster story: core revenues, which mainly […]

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. The national carrier fell 31/2p to 1691/2p, after touching 1623/ 4p, as more than […]

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 […]