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Credit Suisse Bankers courting Silicon Valley |
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Wednesday, May 14, 2008 |
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Investment Banking star Frank Quattrone may be getting all the press with the launch of his new tech investment banking firm Quatalyst . But Quatrone's former firm Credit Suisse is quitely making a renewed foray into silicon valley, investing face time in building business relationships with local entrepreneurs, business executives, and vc's. I attended a Credit Suisse event on Sand Hill Rd this week and will report a few of the high points here, later this week as our content moves onto this new site. I asked what might be from the street's perspective, on the wisdom of the Bear Stearns bailout -- and got a bit of a surprising answer.
This was a well organized discussion of liquidity issues facing vc firms in the current macro economic environment; and included an overview of the global economy by CS' top investment analyst for private banking.
It's great to see Wall Street spending quality face-time with us here in the valley, when there isn't an immediate payday in site.
[note 5/28/08: more commentary from Steve's notes pending for this article, later in the week, as our content migrates onto this new site]
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