A friend of mine just closed a nice round of financing worth $19,5m. MySQL tripled its turnover last year till 5m$ and now they are expecting to grow even faster. They are profitable and were just taking the money for leverage purposes. Good luck Mårten and Monty!
What does it tell when 20% of all restaurants in a capital city are for sale? Hmm, are we really gaining consumer confidence and getting bullish again. Just wondering. Maybe entrepreneurs are throwing the towel in when the better times are just about to gloom. That would not be any surprise either.
Posted at June 4, 2003 04:06 PM