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Wireless Start-Up Fails to Get Financing (nytimes.com)
4 points by ivan on Jan 9, 2008 | hide | past | favorite | 2 comments


Wireless start-up fails to get $1.4 BILLION in financing...


Not entirely accurate; it says they failed to raise a $128m deposit. Plus they get a 25% discount.

No doubt the $1b required to bid (plus billions more in short order to build it) had something to do with not being able to find funding for the deposit, though.




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