RE: UKNM: And now netimperative.com has gone under

[Adrian Moss]

Not muck-spreading I assure you...


Great concept....great people... there is major mileage in a B2B portal

that has real revenue streams 


I am merely commenting on the barriers that we are all facing when

raising cash post change in VC's and funders mentality.


I am suggesting that anyone looking to bail this company out will be

harder to sell to than would have been the case merely weeks ago.


-----Original Message-----

From: Geoff Inns [

geoff [dot] innsguardian [dot] co [dot] uk (mailto:geoff [dot] innsguardian [dot] co [dot] uk)

]

Sent: 24 May 2000 13:17

To:

uk-netmarketingchinwag [dot] com

Subject: Re: UKNM: And now netimperative.com has gone under



Davina Lines showed me round their new offices a few weeks ago and

explained

how incredibly cheap they were due to a fairly short leasing arrangement

-

and they were very cheap.  Far cheaper in fact than our own very cheap

offices.


There's enough muck-spreading as it is.


Geoff Inns

Head of Business Development

Guardian Unlimited



-----Original Message-----

From: Adrian Moss <

adrianthedeal [dot] net

>

To:

'uk-netmarketingchinwag [dot] com

' <

uk-netmarketingchinwag [dot] com

>

Date: 24 May 2000 13:07

Subject: RE: UKNM: And now netimperative.com has gone under


>I think that it's fair to say that regardless of solid service the

>ability to control expenditure is what funders are looking for.

>

>There would have to be lots of changes before anyone bailed out NET IMP

>assuming they do.

>

>There offices are very expensive in central London......as is their

hand

>made board room table!

>

>boo.coms' ability to spend millions with limited financial controls has

>really put a dampener on fund raising by management without detailed

>expenditure plans and a strong financial control function.

>

>Cheers

>

>AM


[Sam says: msg chopped...]



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