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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
It seems that some venture capitalists, specifically Apax partners, do have more sense than money after all for this morning Apax has walked away from a bid from hugely overvalued second hand car dealer BCA Marketplace (BCA). BCA chairperson Avril Palmer-Baunack has responded with A grade horse…
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