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Tech dealmakers in Europe fear the worst.(Brief Article)
Publication: The Daily Deal Publication Date: 17-SEP-01 Author: Jaffe, Joshua |
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COPYRIGHT 2001 The Deal LLC
Byline: Joshua Jaffe
European high-tech dealmakers fear that already anemic deal flow in venture capital, initial public offerings and mergers and acquisitions is likely to dry up across the board -- especially if military action proves drawn out and bloody in the wake of last week's terrorist assaults.
For more on what dealmakers are facing, see related story: Terror attacks could stifle tech M&A
Venture capital will be the least affected. Gunnar Fenstrom, investment director at Swedish venture capital firm InnovationsKapital in Gothenburg, said early-stage investments takes years to mature. Last week's catastrophe might not bear on these companies' chances...
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