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Marrakech flogged

with 2 comments

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…

Written by Joe

July 19, 2006 at 11:23 am

Posted in Uncategorized

2 Responses

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  1. Who bought them? And did it make any of the founders money?


    July 19, 2006 at 1:01 pm

  2. I think it was one of the existing investors. AMT-SYBEX? I’ll check.


    July 19, 2006 at 4:40 pm

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