Business Services Industry
Venture Capitalists Profited from Bankrupt Anaheim, Calif., Electronics Firm.
Knight Ridder/Tribune Business News, August, 2003
By Jim Finkle, The Orange County Register, Calif. Knight Ridder/Tribune Business News
Aug. 26--The fall of Orange County electronics maker DDi Corp. hurt employees, investors and creditors but not the venture capitalists who helped bring the company public.
At least $2 billion in stock value and money owed to creditors has been wiped out as a slump in the electronics industry and price-slashing by competitors in Asia helped force DDi to seek bankruptcy protection last week.
But the company's venture capitalists profited because they provided financial backing before the maker of printed circuit boards went public in April 2000, then sold their shares when the company's outlook was still positive.
That's the standard model...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
