The “capital calls” crisis: separating fact from fiction
Recently, reports started circulating that Ambric, a chip company that enables high-performance computing, has shuttered after failing to raise money from its investors.
Ambric’s fate was sealed by a “capital calls” problem, according to a report in EETimes, a story that was then picked up by GigaOM and even the New York Times. As told, the tale is a tragic one: Ambric had completed production of its products, was getting orders, and was just beginning to… Continue Reading