Word: exit
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...capitalist who co-founded ECONA AG in Berlin. Says Elserino Piol, president of Italy's Pino Venture Partners: "We've come to the end of the pioneer cycle." Venture capitalists are at the heart of that change. Before the markets turned south, such folks had a clear, highly lucrative exit route from almost any dotcom in which they invested: an initial public offering. Now, as they depend on alternative exit strategies such as trade sales - in which a company is sold to an existing firm in the same industry - the VCs are subjecting potential new investments to scrutiny reminiscent...
...real" band would envy, rivaling that of any '60s pop stars. It wasn't heavy, but brother was it tuneful - and fun. What's more, the made-up combo more often than not sang the hell out of their hits; eventually, they demanded more control over their destiny (exit Kirshner) and began to play and write their own songs, some of them quite decent. They woke up, but for a short while the dream continued anyway, and they got to become the real band their critics had savaged them for not being...
...major finding in Verba's report is that academic employment increased by up to 20% if it was studied three years later, rather than at exit time...
...that early exit will conclude yet another frustrating year in Ivy men's hoops, where-unless your school begins with a 'P'-the battle is always for third place...
Best of all, Harvard will get a chance to avenge last year's early exit from the playoffs at the hands...