Edgestone going it alone again? part 2
It took only 14 hours after our blog hit Twitter (see prior post “Edgestone going it alone again?” Jan 12-12) for the MSM to be gifted an on-the-record story, confirming what we’d already reported: Edgestone had indeed been re-acquired by its three principals (at the end of December).
And that’s what different about venture guys versus the PE folk. Venture guys want the buzz to start in the blogosphere, knowing that’s what helps the medium to thrive. PE guys would rather release their formal news to the DTM. Probably for the same reason as the tie versus golf shirt thing you see between the two sectors. One’s just a lot more serious.
If only the PE folks understood that the LPs are just as avid readers of blogs as anyone. Merchant bankers around the land: embrace that which you do not know! It’ll be an invigourating experience.
MRM
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