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Flanders

Venture capital arm. 1995 Nasdaq. 1997 8% Microsoft. 1999 5% Intel. Investor loan-guarantees. Flanders. Jont venture. Research grants. No tax. Lernout & Hauspie 1987. Created by L&H. Holding company. FLV fund. Minority Interests. 1997 Mendez. 1997 Kurzweil ( leader ).

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Flanders

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  1. Venture capital arm 1995 Nasdaq 1997 8% Microsoft 1999 5% Intel Investor loan-guarantees Flanders Jont venture Research grants No tax Lernout & Hauspie 1987 Created by L&H Holding company FLV fund MinorityInterests 1997 Mendez 1997 Kurzweil (leader) 1998 Dragon 1998 Dictaphone 1995: 49% stake >50% in US => SEC Expected 30% license paid loan Korea arm Joint ventures Customers: 1996 DictationConsortium (RnD) Korean Customers ”Real” Customers QuarterdeckCorp ”payment” Factoring L&H collateral Bear RnD costs 30 + 6,5% of sales Thirdparties Factoring Bank loans L&H collateral

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