It took only 14 hours after our blog hit Twitter for the MSM to be gifted an on-the-record story, confirming what wed already reported: Edgestone had indeed been re-acquired by its three principals .
And thats what different about venture guys versus the PE folk. Venture guys want the buzz to start in the blogosphere, knowing thats what helps the medium to thrive. PE guys would rather release their formal news to the DTM. Probably for the same reason as the tie versus golf shirt thing you see between the two sectors. Ones just a lot more serious.
If only the PE folks understood that the LPs are just as avid readers of blogs as anyone. Merchant bankers around the land: embrace that which you do not know! Itll be an invigourating experience.
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