Wednesday, October 19, 2005

Cisco launches $100M VC fund , part of $1.1B India plan: "Cisco Systems Inc. said on Wednesday it plans to invest $1.1 billion in India in the next three years, including $100 million to fund Indian start-up companies." —Silicon Valley Business Journal

$100M is a nice round number and trips lightly off the tongue: "Hunnerd mee-un." Makes me proud to be, as our president says, a "merkin".