Flatiron Going Home To Mama
from the couldn't-hack-it dept
Flatiron parnters which made a name for itself as being the venture capital firm to get money from in Silicon Alley in NY is apparently going to be pulled back in house to its parent company J.P. Morgan Chase. While Flatiron made a huge name for itself, the parent company recently decided not to raise another private equity fund. Apparently, publicity doesn't pay the bills - and when all your money is going towards losing bets like Kozmo.com and TheStreet.com, it might work better with some adult supervision.
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