In June, after barely eking out $2.8 million in earnings for its latest fiscal year, the 118-year-old church decided to pull the plug on its remaining broadcasting venture-Monitor Radio-after 13 years of losses.
In 1992, the board shut down an ill-fated television venture, the Monitor Channel, which sustained losses estimated at $300 million.
Briefly, a venture capitalist monitors a start-up run by a manager of unknown quality over a finite horizon.
We develop a theory of managerial replacement in which a venture capitalist monitors an investee firm run by a manager of unknown quality (Good or Bad).
The joint venture will then monitor funds on an ongoing basis.
South Africans have helped keep Burundi's capital, Bujumbura, pretty quiet for the past couple of years, though they have rarely ventured out to monitor peace beyond it.
The regulator did say yesterday that its position could change and that it would continue to monitor the venture, which plans to launch the first boxes bringing internet services such as iPlayer to the television in the first half of next year.
Today sees the launch of the public beta of PortfolioDashboards.com, a site that wants to help angel investors and venture capital firms closely monitor the performance of their investment portfolios.
And Summer Infant, a Woonsocket, R.I., brand known for its high-tech monitors, ventured into swaddling in 2009 with its SwaddleMe wraps (starting at $13.99).
Experts in antitrust law say any investigation may not be the result of specific wrongdoing but part of a more general practice of monitoring ventures among companies that dominate markets.
Militias linked to the Sudanese government have been monitored venturing hundreds of miles from the border to exploit an uncontrolled ivory trade in parts of Cameroon and in the Central African Republic.
