April 13, 2003

Finally someone is trying to

Finally someone is trying to penetrate the new issues market. Fingers crossed that they will make it!

Hardware industry has become a mature industry with saturated future prospects. Mobile devices are gradually starting to have the same faith - talk is cheap and plain vanilla. There is a rumour that Jobs is bidding for Vivendi. Hardware is irrelevant and content is king?

Universities are keen on biz plan competitions. I cannot avoid of the immediate association for the hype 90's. Create an excellent story/script and we will finance your movie/venture... Many consultancies were busy writing business plan in a few days. Never mind studying the market or getting to know the real demand. I always felt uncomfortable of creating something hypothetical and offered to do it the hard way (and more costly). Now we are getting back to bases were the real deeds are more important than the fancy outlook.

Never mind the calendar - the spring is here. The best way to confim it is my fever for restless vehicles. A few years ago I had to buy a sports car. The next spring it was a must to tune it since it was not fast enough. The following it was the time to change the whole thing into more powerful one. Now it's bikes. I'm a total rookie. I felt so stupid in a fair the other day with all the available models and brands.

The biggest dilemma is whether I have the guts to do it. I'm a bit afraid for my life. Driving with four wheels with cars accelerating better than 7 sec to 60mph is no equal for bikes with 2-3 secs. I have a history of lifting the back wheel of Audi TT Quattro 225hp in a ramp...

Posted at April 13, 2003 05:13 PM
Category: Private Equity and Financing
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