AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
The lowdown: this expert says tech has to get even worse before it can start getting better.(Hot seat: Paul Deninger)(Interview)
The Waltham, Massachusetts, investment bank is called Broadview, but Patti Deninger's thoughts on the high-tech market are not always broad. In fact, Broadview's chair and CEO has very specific thoughts on how the technology sector can improve, and he should know. Broadview specializes in mergers and acquisitions in the high-tech field, and they also have their own venture capital fund. But not everybody has wanted to hear Deninger's advice. Three years ago, at a European Technology Roundtable conference, he was nearly booed off the stage when he warned Internet entrepreneurs that the bubble could soon burst. It did, of course--but worse is yet to come, according to Deninger.
So if you were king for a day?
PAUL DENINGER: There are three things I would do, if I could wave my magic wand. First, I would reduce the number of public companies. There are 1,600 to 1,700 public companies in technology. That number has to com, down by at least 300 to 500, maybe more, and the way for that to happen is for those companies to merge. There is also dramatic over-funding for technology companies, and [reducing] that would help stabilize the public market. And then one step back in the food chain, a ...
- TechNet CEO Rick White to Keynote at VentureOne Summit, March 18-19; Signature...
- Press release article from: PR Newswire March 3, 2003 700+ words
...and services to the venture capital industry, announces...What's Next for Venture Capital?" This keynote panel will feature Paul Deninger, CEO of Broadview...Vice President, Venture Capital at VentureOne, believes...
- Tech firms need a high profile for successful sale.
- Newspaper article from: Financial News June 16, 2002 700+ words
...There is overcapacity in the market and venture capital firms can take their pick. Paul Deninger, chairman and chief executive of Broadview...offered a ray of hope. He said some venture capital firms are more interested now in seeking...
- Red Herring's First-Annual NDA Conference Brings Together 'Next Generation'...
- Press release article from: PR Newswire November 10, 1998 700+ words
...number one in a space, you are going to end up on the side of the road at some point," said Paul Deninger, chairman and CEO of venture-capital firm Broadview. "The key question is: Am I closer or farther away from the curb?" * "Web...
- BRM Technologies Sues Broadview International and Two Executives For Securities...
- Press release article from: Business Wire November 17, 1999 700+ words
...Investment Banker BRM Technologies, Ltd., an Israeli-based venture capital firm, has sued Broadview International, its chairman, chief executive officer and managing director Paul Deninger, and a former managing director, Bernard Goldstein...
- M&A IMPACT: IPOs MOVE OVER FOR M&As.
- News wire article from: Computergram International January 25, 1999 700+ words
...An analysis by US venture capital (VC) consultancy...by The US National Venture Capital Association and VC...Venture Economics. Venture capital investors were able...A terms," says Paul Deninger, CEO of M&...
- San Jose Mercury News, Calif., Dan Gillmor Column.(Knight Ridder/Tribune...
- Newspaper article from: Knight Ridder/Tribune Business News Gillmor, Dan October 17, 2000 700+ words
...Breyer, managing partner at Accel Partners, a Palo Alto venture-capital firm. If it fails, "We will not get another chance to...consistent voices of sanity was managing not to gloat. That was Paul Deninger, the chairman and CEO of Broadview, a mergers-and...
- Boston-based Analysis Group: Even clean energy has its ups and downs
- Newspaper article from: The Daily Record (Baltimore) Danny Jacobs September 29, 2009 700+ words
...risk and the willingness of interests to the risk," added Paul Deninger, vice chairman of Jefferies & Co., also based in Boston...still up from just $35 billion in 2004, Deninger said. Venture capital spending this year is expected to be less than half of the...
- Technology takes on education.(Knight Ridder Newspapers)
- Newspaper article from: Knight Ridder/Tribune News Service Gillmor, Dan October 18, 2000 700+ words
...managing partner at Accel Partners, a Palo Alto, Calif., venture-capital firm. If it fails, "We will not get another chance to...consistent voices of sanity was managing not to gloat. That was Paul Deninger, the chairman and CEO of Broadview, a mergers-and...
