Tuesday, May 20, 2003

THERE'S STILL VC MONEY TO BE HAD Although the terms are not as favorable to companies in 1999, there is still Venture Capital money available at all levels in the Research Triangle Park and elsewhere. Today's difference -- you might want to show some positive EBITDA to get it. Aurora Funds in Durham recently closed on a new $85 million fund, and CapitalSouth Partners recently put together about $80 million in its second fund.

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