Monday, March 08, 2010

FedEx alumni fail in VC cap raise

Ken May, a former CEO of FedEx Office, and Bill Doherty, who oversaw the eastern U.S. for FedEx Office, have, according to Saturday's Commercial Appeal, sold their interests in Memphis-based online auction site, after failing to attract more TCs for the venture's expansion. Parent company Warehouse86 principal Paul St. James said and sister Web site will be operated by a new parent company, SellerTech. The CA has it.

No comments: