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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (15094)	11/27/2002 2:41:20 PM
From: Oeconomicus	Respond to of 57684

It's from the PWC et al "Money Tree" survey. Includes professional VC firms, investment limited partnerships, investment banks, corporates, SBICs, venture leasing companies. EXCLUDES debt, bridge loans, recapitalizations, roll-ups, IPOs, PIPEs (private investments in public entities), leasing. So funds buying up debt (or equity) of BK'd public companies would not be included. ...valuations are really low so if you want money now forget it. Tell me about it. They want to give you just a little money, but at such a low valuation they control the company. And if you need more, they get to screw you again. Then they want 5x their money before you see a penny. Then they want you to work for minimum wage, or nothing, to prove your commitment. In other words, they don't really want to invest. The silver lining is that if you can bootstrap (which was becoming a lost art) long enough, you may get to the point you can tell them to FO. ;-) Bob