April 2, 2009
That’s the word from Businessweek in a profile on Allegis Capital, a 12-year-old VC firm that’s put together an impressive track record. In July, 2008, Allegis sold Ribbit, a telecommunications provider it backed, to BT Group for $105 million. The year before, the firm unloaded computer security company IronPort Systems to Cisco Systems for $830 [...]
Read the full article →
March 26, 2009
Entrepreneurs who’ve set up shop in China see plenty of potential for growth and say the current economic slowdown has actually helped the situation by reducing costs and weeding out weaker competitors. In a PC World article, William Bao Bean, a partner at venture capital firm Softbank China & India Holdings, sees “a time of [...]
Read the full article →