[LUAU] Preemptive Financing

[Hawaii Linux Institute]

Today's (03/20/06) Wall Street Journal has an article about "preemptive 
financing" (i.e., investors will shower you with cash before you have a 
presentable corporative structure even a workable product).  The average 
valuation that venture capital groups are willing to give to a 
pre-startup has jumped from $10M two years ago to over $15M.  Sorry, I 
don't have a link.  Wayne