Archive for November, 2008
Globe Incubator panel reviews ImaSight
30 November 2008Where to begin? The Globe and Mail’s Incubator panel was recently given the task of sizing up a tech company called ImaSight. It is experiencing all of the classic challenges of a reverse takeover into a TSX Venture Exchange listing:
- capital constrained;
- didn’t raise nearly enough money via the public offering;
- suffering now [...]
Forget the break fee, BCE Board should take $36 instead
30 November 2008BCE Takeover Part 46
With so many investment banks advising on each side of the BCE LBO, each of whom stood to gain tens of millions of dollars in fees should the largest going-private in the world eventually close, why did none of them figure out that BCE wouldn’t be “solvent” under the proposed capital structure? [...]
Apologies for the spotty blogging
28 November 2008Just got back from an eight day trip to the Gulf Region. I found it hard to keep up with the daily fare of the blogosphere.
There was lots of local topics to natter about, but I had to wait until I got home. Starting next week I’ll take you all through a daily [...]
This is Roger Martin, reporting from Mars
25 November 2008I have little doubt that Roger Martin’s brain is bigger than mine, and that he is lovely and warm person. We have many mutual friends who sing his praises, both professionally and personally. But when it comes to his findings about venture capital in the Task Force’s Seventh Annual Report on Ontario’s Competitiveness [...]
I-bankers don’t despair
24 November 2008For weeks now, gallows humour has been all that has kept the spirits up of our friends in the investment banking community. But, do not despair, there is a greener pasture to behold. Rather than fuss about what the bonus won’t be next month; or worse…what you’ll do if the downsizing finally comes..there [...]