Nice to be first with the VC news

Thanks to the help of all of you, this space is usually first with the meaty news in Canada’s VC industry. Our post about the death of the proposed VenGrowth / Covington deal beat the actual formal press release and the mainstream media by a full five hours (see prior post “VenGrowth deal dead?” Dec 17-10).

With that formality out of the way, GrowthWorks and VentureLink are well positioned to make their own formal offers to the VenGrowth board in January. Now that the VenGrowth management contract is in play, it will be tough to put the genie back in the bottle.

MRM