[Am-info] BayStar Capital confirms Microsoft link to SCO

[Gene Gaines]

Investment firm confirms Microsoft link to SCO

  Last modified: March 11, 2004, 2:14 PM PST
  By Stephen Shankland
  Staff Writer, CNET News.com

UPDATE Investment company BayStar Capital has confirmed ties
between two Linux foes, saying Thursday that a Microsoft
referral led to $50 million in BayStar funding for the SCO
Group.

"Yes, Microsoft did introduce BayStar to SCO," a BayStar
representative said Thursday, declining to share further details
and repeating the firm's earlier position that Microsoft did not
actually invest money in the deal. ... A Microsoft
representative on Thursday repeated the company's assertions
from last week that "Microsoft has no direct or indirect
financial relationship with BayStar." The representative
declined to comment on why the referral took place or whether
the company was looking into the matter.


SCO spokesman Blake Stowell declined to comment.
...

The article:
http://news.com.com/2100-7344-5172426.html?part=dht&tag=ntop


My thought:  Why would vencap firm possibly invest or promote
funding SCO unless there was backroom "vigorish" at play?

Gene Gaines
gene.gaines@gainesgroup.com