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IP: : Yipes goes Chapter 11 ... yipes!


From: Dave Farber <dave () farber net>
Date: Tue, 26 Mar 2002 13:43:21 -0500


------ Forwarded Message
From: "Kedrosky, Paul" <paul.kedrosky () commerce ubc ca>
Date: Tue, 26 Mar 2002 10:42:30 -0800
To: "'farber () cis upenn edu'" <farber () cis upenn edu>
Subject: Yipes goes Chapter  11 ... yipes!

Dave --

I see that Yipes, the much-hyped venture-backed gigabit service provider,
has filed for Chapter 11 protection. The story is noteworthy for the scale
of the debacle: Yipes had attracted $291 million in venture capital from 30
investors, including Norwest Venture Partners, New Enterprise Associates,
The Sprout Group/Credit Suisse First Boston, Focus Ventures, J.P. Morgan
Partners, BancBoston Ventures, Soros Private Equity Partners, Focus Capital,
and Intel Capital. 

http://tdnycprodwww01.thedeal.com/NASApp/cs/ContentServer?pagename=TheDeal/T
DDArticle/StandardArticle&c=TDDArticle&cid=1016677038218

Paul Kedrosky
Faculty of Commerce
University of British Columbia
paul.kedrosky () ubc ca    604.822.8894



------ End of Forwarded Message

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