http://venturebeat.disqus.com/News about Tech, Business and InnovationenSat, 16 May 2009 07:52:57 -0000http://venturebeat.com/2009/01/26/stretch-raises-15-million-for-surveillance-camera-chips/#comment-9405794<p>Stretch raises $15 million for surveillance camera chips but with this surveillance camera even can save some billions...can save some life..</p> Home Security SystemsSat, 16 May 2009 07:52:57 -0000http://venturebeat.com/2009/01/26/stretch-raises-15-million-for-surveillance-camera-chips/#comment-5552657<p>Another company that raises several hundred million dollars in financing in the face of entrenched and growing competition only to fold up after a while for cents on the dollar at best. Examples: Force10, 3ParData, OnStor, etc. <br>And what's funny is that it is Worldview behind all of them. Looks like a ponzi scheme for Worldview partners (the few that remain) to collect the management fees. <br>Here's a suggestion: look at all the Worldview deals, count the numbers that raises in excess of $100M and see what became of them, and crosscheck companies funded by both Worldview and Oak (tip: Commverge) and see what became of them.</p>PonziSchemesMon, 26 Jan 2009 13:24:02 -0000