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Correction: Quotron is losing close to $4 million a month, not $4 to $5 million a year, as indicated in IMD, May 24.

In the Not Yet dept.: Still no new proud parent for Quotron, despite lots of talk that a consortium led by Quotron's long-time service provider Phoenix Technologies Inc. is close to a deal (IMD, May 24). But in an internal memo to employees, issued last Wednesday in response to IMD reports of a pending sale, Quotron president Tom Cirillo flatly denied that Quotron had come to terms

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Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

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