Tuesday, July 18, 2006

The Technology Chronicles : What's old is a new investment again

"Venture capitalists are increasingly rummaging for 'beaten-down' companies in the debris from the tech-stock bust to make lower-risk bets on companies that survived.
'It's not five guys in a garage; it's 500 guys in a warehouse,' Rory O'Driscoll, a managing director at BA Venture Partners in Foster City, who has been studying such 'survivor' deals, told VentureWire."

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