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Technology Stocks : WAVX Anyone?

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To: Klingerg who wrote (8019)7/8/1999 3:15:00 PM
From: Smilodon  Read Replies (3) of 11417
 
I was in venture capital a couple of years ago.

<< no way sophisticated venture capital investors from Chase Capital Partners (www.chasecapital.com), Gordon Campbell's Techfarm/Techfund Inc. (www.techfarm.com), Cambridge Samsung Partners (www.cspartners.com), Mitsui Comtek Corp. (www.mitsuicomtek.com) and Databook Inc. would have accepted the offer of purchase>>

None of these are premier names. And, I don't think WAVX could have paid cash. WAVX may have been their only offer, and so stock was their only recourse. It is not significant that they took stock as payment.
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