I remember when ICG was a rising company during the height of the dot.com bubble, and then they burst.
Well, now, like the Phoenix, they are making their play to grow again. Don’t rule them out because they have experience and a proven platform. Now after shedding some unproductive or non core assets they are poised to rebound.
The irony in reading the story is that the sources quoted are either competitors or paid analysts who may have ICG as a client or who are doing project work for them. Nothing wrong with that, as it’s part of the biz. But there are enough independent industry watchers out there who can always be counted on for insight.