Marrakech flogged
I read in the Sunday newspapers that Marrakech was flogged recently. They raised over €75millon during the boom years and beyond. I always used to like my friend Conor’s quote (he was head of strategic alliances there),
At Marrackech I learned how to add a lot of cost into a business and then I learned how to take it back out again.
I somehow feel they didn’t quite make the 10x multiple that VCs hope for when they invest…
Advertisement
Who bought them? And did it make any of the founders money?
interested
July 19, 2006 at 1:01 pm
I think it was one of the existing investors. AMT-SYBEX? I’ll check.
Joe
July 19, 2006 at 4:40 pm