I am taking the time to look (again) at where we are, what we set out to do and try to reason a bit on our forward path. We are somewhat at a crossroads. I guess there are some possible definitions of what we may want to do: be successful – plain and simple, no […]
Michael Spindler reviews the venture capital portfolio Read More »
After the bloom has departed from Internet venture capitalism, it ‘seems’ easier to attract initial and/or follow on co-investment for and in companies who focus on (Internet infrastructure) products than on (yet another revolutionary) e-commerce service or business. This trend will probably accelerate if and when amazon.com will crash (a 50/50 chance, in my opinion).
Michael Spindler reviews the venture capital portfolio Read More »
A few anecdotes As usual, let me begin with an anecdote (or two). In 1972, I covered the university and R&D market for DEC in Germany, and as a sales guy, I visited a lab at MIT. The guy there was into robotics. I showed some interest in his application, since I had a similar
Michael Spindler reviews the venture capital portfolio Read More »
Hi Upstarters, Just wanted to try out the famous fax line. I made it here safely. You guys should try out Swissair. Contrary to popular belief – smiling and courteous people, good seats, on time, and a smooth ride – what a difference to Southwest Airlines! I am still chasing James Gates from TPG –
Excerpts: “Bernie’s Big Gamble” MCI WorldCom CEO Bernie Ebbers is sitting at his desk in Clinton, Miss., talking with a visitor about his favorite subject–okay, everybody’s favorite subject these days, the stock market–when he swivels around to peer at a laptop flashing the day’s share price. He squints and finds what he’s looking for. “We’ve
Excerpts: Moneyline News Hour Willow Bay: And I’ll talk with a cable industry heavyweight on his new job, Global Crossing CEO Leo Hindery. Willow Bay: I’d like to hear this from you in your new role as CEO, is Global Crossing in talks with Deutsche Telekom? Leo Hindery: Willow, we try not to comment on
GlobalCenter Gets Ready to Come Out — Again GlobalCenter scrapped its plans to go public back in the fall of 1997 when it was acquired by long-distance carrier Frontier “I think Global Crossing and GlobalCenter will perform better and function better side by side than one under the other,” said Leo Hindery. “You’ll probably see
It was a pleasure to spend time with you on Saturday, and I am glad we could get together. I cherish our friendship and relationship, and I hope that we can arrange to get together in Japan soon. If we cannot, I will look forward to seeing you in Los Angeles during the Western Cable
Last time we spoke about the opportunity of investing in Genesis Ventures, you encouraged me to keep you informed on our progress. I am happy to inform you that we have secured France Telecom (and some of their investment affiliates) as a lead investor in Genesis. Their joint investment will cover approximately 60% of our
Fundraising While I appreciate the commitment from France Telecom and affiliates, I am convinced we are handicapped in raising beyond the $25MM threshold in the US unless we can get a real name based in the US. Leo Hindery’s immediate influence is necessary to shore up the remainder to reach the first closing at $25MM.
Former Apple CEO Michael Spindler’s fundraising strategy Read More »
