Entrepreneurs Affected By Lehman Brothers

DELICIOUS
EMAIL A FRIEND

X

Email to a Friend

Please fill out the following information and click submit

Friend's Name

Friend's Email

Your Name

Your Email

Comments

 

Submit

Sending Email...

Thank You! Your email has been sent.

Contributing Business Writer

Collette McKenna Parker

September 22, 2008

Want another sign of a tough economy, especially for entrepreneurs and companies looking for investors?
 
So far this year, only seven venture capital-backed companies have gone public; that’s in stark contrast to 2007, which saw 69 similar IPOs.
 
And with the demise of Lehman Brothers, it probably won’t get any easier to go public.
 
Lehman, which because of its Chapter 11 filing is trying to sell its investment banking division, “is also the fifth-largest U.S. mergers and acquisitions advisor, according to Dealogic. It ranks right behind Merrill Lynch & Co., which agreed to be sold to Bank of America Corp. Lehman is also in advanced discussions to sell its investment-management division, which includes venture capital arm Lehman Brother Venture Partners, the firm said Monday,” according to a recent Wall Street Journal article. 
 
Click here to find out how VC-backed companies will also be affected by the latest Wall Street fallout.

Related Articles:

• Entrepreneur's Election Guide
  Looking for more information on how McCain or Obama might treat entrepreneurs?
• Building a Better Mouse … Hotel?
  There are many ways to tackle a problem. What direction are you going to take?
• The Better Small Biz President
  Who would be the better president for small businesses – McCain or Obama?