Archive for March 25th, 2007
The benefits of local knowledge
25 March 2007At times, you’ve got nothing more than local knowledge going for you. For all of the education, training, research and professional advice you can collect, local knowledge can sometimes be the difference between success and failure. That’s one the key reasons why we don’t chase deals in Austin, Texas, for example, from our [...]
Next stop: Corporate Subprime?
25 March 2007As a player in the Venture Debt market, one cannot help but notice the impact of the subprime housing excitement (meltdown) on company valuations (see earlier post), investors’ willingness to take on newly syndicated loan packages and the overall access to credit enjoyed by the subprime lenders that relied on larger lending institutions to, themselves, [...]