Capitalism...
...knock it all you like, but nothing beats it for separating fools from their money.
Outsourcery sold after Dragon runs out of puff
Something positive was salvaged from the crash at cloud biz Outsourcery - 100 employees have transferred with the business in a pre-pack sale to new owners GCI Network Solutions. The loss-making company ran into cash flow shortages on multiple occasions, most recently in April when principal secured lender Vodafone stepped in …
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Friday 17th June 2016 20:59 GMT Omar Smith
Dragons' Den ..
Did anyone ever notice how the other one er .. 'Peter Lewis' always went out of his way to humiliate any ethnic types who came on the show. 'My shit is worth more than your company' being one such phrase comes to mind. That whole show just an excercise in massaging the egos of the presenters. A monkey throwing a dart at a board would have a better investment record.
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Saturday 18th June 2016 13:54 GMT Anonymous Coward
A ponzi scheme by any other name
This company was the MBS (http://www.investopedia.com/terms/s/subprime-meltdown.asp) of the sme IT world, hoovering up small-scale IT service Cos and wrapping them up in a big shiny sweet wrapper, hoping some sugar-starved VC or MBO specialist would be suckered to bite. He is now no doubt having his fevered brow tended to by fawning bikini-clad models, glass of fizz in one hand, cigar in the other, whilst the 80ft gin-palace gently rocks underneath him somewhere off the coast near Dubrovnik. He hopes 'Rothers' will notice and invite him over for a spot of lunch and a run-through of the latest blueprints for the harbour re-development following the land options massaged through by Mandy.
<All names, characters, and incidents portrayed in this are fictitious. No identification with actual persons, places, buildings, and products is intended or should be inferred.> Anon in case that doesn't wash.
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Monday 20th June 2016 08:37 GMT M7S
If the domain name is going....
I'd put in a few notes to purchase this and then let someone run it for public benefit, with articles warning on the risks of outsourcing (this company, 2e2, reg123 etc see Reg articles ad passim) so that potential purchasers of such services can at least make a more informed decision.
Biting the hand that feeds IT
