Comments on: The Changing Face of the Canadian VC industry – Tandem, Cycle, Teralys, Kirchner… http://www.vcrants.com/2009/05/the-changing-face-of-the-canadian-vc-industry-tandem-cycle-teralys-kirchner/#utm_source=rss&utm_medium=rss&utm_campaign=the-changing-face-of-the-canadian-vc-industry-tandem-cycle-teralys-kirchner Share the good, the bad and the ugly on the world of Venture Capital and Private Equity in Canada! Fri, 05 Mar 2010 19:26:05 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: Chris http://www.vcrants.com/2009/05/the-changing-face-of-the-canadian-vc-industry-tandem-cycle-teralys-kirchner/comment-page-1/#comment-2949 Chris Sun, 21 Jun 2009 20:07:55 +0000 http://www.vcrants.com/?p=87#comment-2949 Leona, You have your facts wrong. Charles didn't sell Teleglobe to a foreign entity he sold it to BCE (Bell Canada) which was already a 20% shareholder ans was on the board for many years before the transaction. Bell wasn't able to further the growth of the Company and when the bubble collapsed, so did Teleglobe revenues, BCE decided to let Teleglobe fall under bankruptcy, Teleglobe was acquired by another firm. Thereafter that firm was acquired later on by Tata (Indian Company). Leona,

You have your facts wrong. Charles didn’t sell Teleglobe to a foreign entity he sold it to BCE (Bell Canada) which was already a 20% shareholder ans was on the board for many years before the transaction. Bell wasn’t able to further the growth of the Company and when the bubble collapsed, so did Teleglobe revenues, BCE decided to let Teleglobe fall under bankruptcy, Teleglobe was acquired by another firm. Thereafter that firm was acquired later on by Tata (Indian Company).

]]> By: leona http://www.vcrants.com/2009/05/the-changing-face-of-the-canadian-vc-industry-tandem-cycle-teralys-kirchner/comment-page-1/#comment-2944 leona Sun, 21 Jun 2009 15:27:32 +0000 http://www.vcrants.com/?p=87#comment-2944 Charles Sirois I do no trust. He was the head of Teleglobe, a great telecom company, all our own, all Canadian, and he sold it to the USA, and today it's gone, all our sea cables, and telecom equipment owned by India now I think. Sirois is all about Sirois, and his money for himself and those like him who are wealthy. A real Canadian, a person concerned about his country and its citizens, would not have done to Teleglobe what this very typical rich person did, sell out for the money. Charles Sirois I do no trust. He was the head of Teleglobe, a great telecom company, all our own, all Canadian, and he sold it to the USA, and today it’s gone, all our sea cables, and telecom equipment owned by India now I think.

Sirois is all about Sirois, and his money for himself and those like him who are wealthy. A real Canadian, a person concerned about his country and its citizens, would not have done to Teleglobe what this very typical rich person did, sell out for the money.

]]> By: admin http://www.vcrants.com/2009/05/the-changing-face-of-the-canadian-vc-industry-tandem-cycle-teralys-kirchner/comment-page-1/#comment-2525 admin Fri, 29 May 2009 21:29:29 +0000 http://www.vcrants.com/?p=87#comment-2525 Not sure how I can help you out Nader. FYI -Teralys is a Fund of Funds. Not sure how I can help you out Nader. FYI -Teralys is a Fund of Funds.

]]> By: Nader http://www.vcrants.com/2009/05/the-changing-face-of-the-canadian-vc-industry-tandem-cycle-teralys-kirchner/comment-page-1/#comment-2488 Nader Thu, 28 May 2009 12:40:13 +0000 http://www.vcrants.com/?p=87#comment-2488 Hi; I am an interprenure which is newly landed in Toronto. I need to introduce me some VC which can help me to build core banking system software. You talk about Teralys, what do you think of it in this regards. Hi;
I am an interprenure which is newly landed in Toronto. I need to introduce me some VC which can help me to build core banking system software. You talk about Teralys, what do you think of it in this regards.

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