Original URL: https://www.theregister.com/2001/06/04/david_elstein_to_chair_silicon/
David Elstein to chair Silicon.com
Channel 5 meets IT newswire
Posted in On-Prem, 4th June 2001 10:19 GMT
David Elstein, former Channel 5 boss, is joining Silicon.com as non-exec chairman, The Sunday Times reports.
"The company has shifted gear (and) gone beyond start-up stage, so we will be looking to develop and international business and media strategy that will turn it into an established business," he told the paper.
Silicon operates an IT news service - well established in the UK, and in start-up mode in Germany and France. It's backed by an enormous number of investment banks and VC houses, who appear to be waiting very patiently for a return on their money.
The company had planned to IPO last year, and then again this year - but it's staving off until sentiment picks up.