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...online. Other incubators are revising the point at which they become involved with fledgling companies. "The incubator euphoria died out pretty quickly, and many companies that began as incubators are repositioning themselves as pure VCs," says Uwe Fleischhauer, a partner in the consultancy Mackewicz & Partner in Munich. Says Paolo Chiari, investments coordinator of Italy's E@rchimede, "We started off in March 2000 as an incubator but by November decided to shift our activity toward that of an accelerator. So instead of investing in businesses which were in fact no more than an idea and a few people...

Author: /time Magazine | Title: Nothing Ventured | 3/19/2001 | See Source »

News of the purchase renewed Italian ire at the loss of yet another art masterpiece to the U.S. Sergio Matteini Chiari, a magistrate in Gubbio, filed a charge of clandestine export of an artwork against "unknown persons." Until he can fill in the names, however, the action has little force. Higher Italian officials are considering more effective moves, including complaints to Washington...

Author: /time Magazine | Title: The Nation: Art Is Long, Tax Suits Short | 12/12/1977 | See Source »

...Panama's relations with the U.S. - though certainly improved from last January - are still delicate. Robles himself lacks a firm power base. He has no personal following, very little money. The middle-class candidate of a fragile coalition, he was primarily sponsored by outgoing President Roberto Chiari, who was widely criticized for his mishandling of the January riots. Robles, for all his disadvantages, is known as an energetic politician, with a good record as Chiari's Minister of Government and Justice since 1960. When it comes to reforms, he seems to mean what he says...

Author: /time Magazine | Title: Panama: Time to Get Rolling | 10/9/1964 | See Source »

...Panama, well-intentioned Presidents seem always destined either for assassination, like General José Antonio Remón (1952-55) or simply to be broken, like Chiari. Robles' ambitious ideas are bound to annoy the country's far right, and his evident desire to get along with the U.S. is sure to enrage the ultranationalists and far leftists who still talk revolution. "I give us 18 months to get things rolling," says a Robles Cabinet minister. "If we have not car ried out our pledges by that time, the government will fall...

Author: /time Magazine | Title: Panama: Time to Get Rolling | 10/9/1964 | See Source »

...committee found that the flag-raising march on Balboa High School by some 200 Panamanian students "appears to have been very carefully prepared and not a spontaneous movement," that Panama's President Roberto F. Chiari may well have known about it in advance and that, in any event, the Panamanian government did absolutely nothing to stop the subsequent rioting. For four days, from Jan. 9 to 13, said the committee, Panama's peace-keeping National Guard was curiously disarmed and "purposely kept away" from the trouble spots. Said the committee: "There was no evidence before us that...

Author: /time Magazine | Title: Panama: Verdict: The U.S. Was Not Guilty | 6/19/1964 | See Source »

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