news from bmp

Filed in archive Venture Capital on November 26, 2003

bmp was one of the stars of the new economy. While the company has a charismatic founder and had real profits from its consulting division in 1998, it invested heavily in early stage companies since 1997. This produced a huge write-off in 2001 and subsequent years. But still the company has managed to survive with 36 companies remaining. bmp had a revenue next to 0 (� 0.36 million) in the first 3 quarters 2003. The company is now looking for a capital increase by 10% to achieve a better liquidity. Maybe as sales pitch you can access their actual portfolio in a well designed presentation.