Dolev stresses that timely and accurate information is essential to a marketplace that functions efficiently. If you can't buy at the best value, the market by definition is not optimized. Also, transaction costs will probably be higher than they should be. The 2001 edition of the annual directory has just appeared. The cost of the directories is recouped by advertising revenues.
Paid subscriptions are for monthly reports on active deal flow.
We have more than 60 VC companies, and we gain new corporate subscribers at the rate of 20 to 25 per month. Moreover, their cooperation gains them valuable exposure in our newsletter. We are in the processing of leveraging this positioning in order to do business with investment banks, VCs, corporate VCs and others seeking advisory services. The rest are ordered by start-up companies that want to screen potential investors in their companies. They want to know whom to approach and whom to eliminate, who has been cutting back on investment, who is showing the most interest in their particular field or application, etc.