This past Monday I met with Hilary and Frank Stiff of Cheval Capital. One of my big take aways from the meeting, was the sheer number of hosting deals they’ve done year-to-date: 19 pure hosting deals and 78 combined hosting/ISP deals. Aside from being a ton of work, that’s a lot of transactions for an industry that seems to be below so many people’s radar. As I’ve indicated many times on industry panels, I’m at a loss to know what drives deals, no one thread runs through the deals I’ve worked on in the last year that I could classify as an industry trend. Certainly I haven’t seen the “roll ups” that took place in early 2000-2001. I wonder what’s motivating this amount of deal flow?
About David Snead
David Snead is a lawyer whose practice is focused on internet infrastructure providers. In his eleven years in this practice, he has represented clients including multinationals, middle tier hosting companies, and two guys, a server, a T-1 and a huge MasterCard balance.
A long-time WHIR contributor, David Snead is the Web hosting business's best-known legal expert. Through his WHIR blog, he offers a credible legal perspective on both specific actions in the Web hosting business and general developments in legislation.
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