DISQUS

VentureBeat: ONStor sells for $25M, taking $130M in capital down with it

  • The KOD · 3 months ago
    You might want to consider a richer story that lies underneath the failures of ONStor, 3Par, Force10, and other companies, Camille. What is the underlying theme behind all of those companies? Who was/were the investors common to all of those failed companies? what prompted those companies to file for IPOs even while their businesses were collapsing underneath? was it to prompt an M&A frenzy (that failed to materialize)? how are those investors doing with so many failures on hand? which of those firms went under or are going under? any specific partners at those firms that was more adept at bribing Forbes to be included in the "Midas list" even while accumulating blowups in his record?

    Tip: start with Worldview and Mike Orsak. Follow that to his links with Kevin Fong at Mayfield. Track the former's kiss of death touch that killed many companies. See which companies Oak, Mayfield, Worldview invested in (in some combination) and what happened to those companies. ...