Venture Capital

Venture Capital

by Mike Masnick




Now BayStar Will Sue SCO

from the always-fun dept

BayStar, the investment firm that invested in SCO (at Microsoft's behest), then wanted out, but later publicly made up with SCO's management, has apparently changed its mind again. Whatever that "we're happy with SCO now" statement was recently, it wasn't very strong, apparently. BayStar is now suing SCO, suggesting they've been misinformed by SCO (gee, what a surprise) concerning SCO's "licensing opportunities." It will be interesting to see how this turns out, but in this case, BayStar probably has no one to blame but itself for not doing the necessary (and at the time they invested, not particularly difficult) due diligence on what they were investing in.

Leave a Comment..

 
 

Add Your Comment

Have a Techdirt Account? Sign in now.
Get Techdirt’s Daily Email
Plain Text HTML
Save me a cookie
  • Plain Text: A CRLF will be replaced by break <br> tag, all other allowable HTML is intact
  • HTML: No formatting of any kind is done without explicitly being written in
  • Allowed HTML Tags: <b> <i> <p> <a> <em> <br> <strong> <blockquote> <hr> <tt>
Close
Have a Techdirt Account? Sign in now.
Get Techdirt’s Daily Email
Plain Text HTML Save me a cookie

Search Techdirt
And now, a word from our Sponsors..



Subscribe to Techdirt's Daily Email Newsletter

Techdirt's Daily Email Newsletter

Related Stories
Close
E-mail It