June 18, 2003

Goodbye IPO.com

IPO.com has shut down. The company raised $10m in 2000 and covered the IPO, secondary and VC transaction markets in the haydays of the late 90's.

EVCA released the final survey of 2002 VC activity in Europe (req required):

Fundraising was down 31 per cent from last year, with E27.5bn raised in 2002, compared to E40bn in 2001. Buyout- focused funds had less difficulty in fund raising than venture-stage funds. Buyout funds raised E18.3bn, or 66 per cent of total funds raised in 2002, compared to E8.5bn, or 31 per cent, for venture capital funds. In 2001, the corresponding figures were E23.3bn (58 per cent) for buyout and E15bn (37.6 per cent) for venture capital.

Steve Jobs and Jeff Bezos meet "Ginger" - an excerpt from a new book called "Code Name Ginger". A meeting with Jeff Bezos, Steve Jobs, John Doess and Segway guys.

1st of July, EU will start to collect VAT on sales of digital goods and other electronic transactions made outside of the EU-zone (e.g. USA). This can increase the consumer prices up to 25%...

Posted at June 18, 2003 12:39 AM
Category: Private Equity and Financing
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