...On the Frontier of Insolvency
Fund: DFJ Frontier
Posted by Mr. Smith on 2008-12-01
Frontier is a really small fund founded after the last bubble with nice people, but no resolve. They will pull a signed term sheet due to "the economic climate," which makes you wonder if they have the commitment from their limited partners to continue operations.
They probably have next to no money left and are looking for a grand slam home run. Sounds like bad news to me.
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