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  • By Owen Thomas

    Send a link to this post 'Venture capital from beyond the grave' via email:


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    Oct 9, 2008 4:20 PM 689
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    #meltdowns

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    read more: #lehmanbrothers, #meltdowns, #venturecapital, #lehmanbrothersventurepartners, #valleywag

    Venture capital from beyond the grave

    Lehman Brothers was one of the investors who put $12 million into MyShape, an online clothing store. Lehman Brothers, the bankrupt investment bank? Yes; its VC arm, Lehman Brothers Venture Partners, had committed to the investment in August, before its parent company collapsed. The venture group, which had raised $1.1 billion and invested $717 million of that, is negotiating to spin out of Lehman as an independent firm.


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