Should I fire my banker? March 9, 2009Posted by Sacha in /dev/null, Finance.
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Is it still possible for FOSS companies to raise VC capital? February 16, 2009Posted by Sacha in Finance, JBoss.
Good question, especially in those difficult times.
And it seems the answer is a victorious YES. Here is a short list of some of the 2009 rounds:
- LoopFuse raises 1.4m USD from True Ventures (congrats Roy and the gang);
- Black Duck raises 9.5m USD in a D-series (mix of capital and … debt! congrats :) ) and Tim Yeaton joins as a CEO (I know observe very closely what happens in the 2 weeks after Tim joins a company ;) )
- Talend raises 12m USD in a C-series round (Frenchies leading a FOSS company – we know that it works ;) )
“And what follows the debt binge? The hangover.” August 30, 2007Posted by Sacha in Finance.
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In Barrons, a very good summary of the current embarrassment on the financial markets, by Jacqueline Doherty:
IN EVERY BUST THAT FOLLOWS A BOOM embarrassing details emerge showing just how eager the players were to participate in the insanity. In the current bust, these revealing nuggets are buried in the lending commitments of some of the largest pending LBOs.
Over the past three or four months, bankers have committed to lending LBO targets about $300 billion to fund buyouts. Their plan was to sell the loans to institutional investors. But demand for leveraged debt has evaporated in the recent market turmoil, even as yields on existing leveraged loans have risen.