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2002

“BOUTIQUE CHIC – Refugees from big investment banks start their own shops”

October 22, 2002 Red Herring By Julie Landry Across the country, and particularly in Silicon Valley, the heavy wooden doors of investment banks are slamming shut. Bear Stearns, Credit Suisse First Boston, and Merrill Lynch all have shoved hundreds of investment bankers out the door, many from West Coast offices. CIBC World Markets closed its West Coast mergers-and-acquisitions group earlier this year. And Robertson Stephens was shut down entirely by its parent, FleetBoston Financial. If you look carefully, you can see the throngs of disenfranchised bankers on the streets. Though they’re not necessarily known for entrepreneurialism, investment bankers are loath …
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“Can Rutberg & Co. do what other VCs can’t?”

January 10, 2002 TheDeal.com By Peter D. Henig In tough markets, there are contrarians and there are losers. Bryan Rutberg says he’s a contrarian. Rutberg, 32, a former executive director and head of domestic Internet investment banking at UBS Warburg, launched an investment bank in September with the aim of raising money for capital-hungry startups through private placements. But Rutberg has an angle. He calls his San Francisco-based Rutberg & Co. a research-centric investment bank. As venture capitalists retrench and lick their wounds, he argues that there is a niche for someone who can identify the most promising, capital-hungry young …
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