tag:blogger.com,1999:blog-2713903322765217177.post2527522048259655841..comments2023-10-26T02:30:10.313-07:00Comments on The Grassy Road: Are LinkedIn's bankers greedy or stupid... or making a market?Penny Herscherhttp://www.blogger.com/profile/09644292941777984227noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2713903322765217177.post-38302007686916141412012-05-24T09:12:18.744-07:002012-05-24T09:12:18.744-07:00I agree with you, Penny. You went out in a very c...I agree with you, Penny. You went out in a very challenging market. What really made the difference though was the fact that we had a great experience with Verisity (Series D and IPO shares) earlier that year. Most of tech was a disaster, but EDA and Semi was still performing well. The sale to Cadence a year later at $18 was proof of that thesis. In the end, you were very smart to seek out an investor that was a thought leader in your market niche. Investors move in packs so the leader of the pack is a critical sell.Greg Cotenoreply@blogger.comtag:blogger.com,1999:blog-2713903322765217177.post-12850758382736343992011-05-25T20:53:26.438-07:002011-05-25T20:53:26.438-07:00The thing that made Simplex so challenging was tha...The thing that made Simplex so challenging was that we were 1 year after the bubble had burst so there were no tech deals and valuations were difficult - hence the challenge for the bankers in pricing the deal. PennyPenny Herscherhttps://www.blogger.com/profile/09644292941777984227noreply@blogger.comtag:blogger.com,1999:blog-2713903322765217177.post-84461397681882833802011-05-25T20:46:03.550-07:002011-05-25T20:46:03.550-07:00Nice. But, come on, we all know Simplex would have...Nice. But, come on, we all know Simplex would have never gone IPO if it ahdn't been for the technology bubble. So using Simplex as an example is mis-leading and self-serving :)Anonymousnoreply@blogger.com