|
Want an Exit? Have $10 Million HandyAugust 12th, 2008 at 1:30 amSource:Mashable! The SummerMash tour is over, but the interviews keep on rolling out. We’re still rendering the Los Angeles interviews, and of the four or five that I edited last night, this one was particularly interesting and short conversation. Aaron, our remote host at the SummerMash events sat down with Lisa Mazur-White of Ion Capital, an investment firm that’s looking to branch out into technology firms with their new office located in Los Angeles. In her description of the type of technology firms they’re looking to partner with, she casually dropped that she’s particularly interested in companies with $10 million in revenue or more. It’s a bit of a shocking requirement for those of us that deal with startups on a daily basis. Your average Web 2.0 company is started on far less than $10 million and doesn’t have revenues to speak of (and those that do sit pretty in the $10 million revenue range generally aren’t worried about an exit, they’re looking to make an acquisition of their own). Still, the discussion is an interesting glimpse into the new types of firms on the prowl in our space. To watch the interview, play the embed below or download the MP4. Never Miss an Episode! Get the Mashable Conversations podcast here (video feed). Get the Mashable Conversations podcast here (audio feed). —Related Articles at Mashable! - The Social Networking Blog:ComScore Files for $86 Million IPOFacebook Looking to Raise More MoneyPeerMeta Raises $6 Million for Wireless Web PlatformYahoo Mobile Gets 9 More In BedAsklaila Adds $10 Million FundingIt’s Facebook DayMerchantCircle Receives $10 Million in Funding
|
