Down Rounds Syndrome: A Roundtable Discussion 2001-11-23 Staff Writer <i>This week Letter from America is by David J. Blumberg of Blumberg Capital.</i><br><br><a href=http://www.privateequityonline.com/LetterAmerica.asp?ID=1851>Part 1 of this article</a> looked at "Down
The second round of financing will be used to develop operations in the US and the UK. The Fool is also negotiating a venture in Japan.
The retail financial services provider was previously owned by Ventura, a subsidiary of Next. Management takes a 10 per cent stake.