Rim Semiconductor Company (fka RSMI)

[jarsch501]

As if the company received the most favorable financing agreement now....geesh.

Private capital with hedge funds and venture capitalists are kings right now. They look for a specific rate of return on their investment and a VC with the caliber of Sequoia would have brought tremendous outside interest from the financial community. It would be a huge confidence booster if a VC was involved to all shareholders and they don't rape/pillage shareholders like many think.

Last time I looked, they were generating some healthy returns. Would have done much more than Brad has at this point in his tenure. Shoot, Google sure liked their money and they BOTH profited HANDSOMELY from it.

Now, if you're talking about some POS firm like Compass Capital which did sell out the shares from many company's, with the aid of the executives of those BB firms, that is completely different. Sequoia has a helluva good reputation last time I checked.

Of course, Brad and Ray would have lost their jobs along with millions of dollars being injected into the company with a top notch management team. No wonder why they never considered it.