After considering a few ideas, they decided to go after what they saw as a largely unaddressed market: Tools to help small businesses secure U.S. government contracts.
“The federal contracting community has seen a shrinking of the small business industrial base for much of the past decade,” Doherty told TechCrunch.
It’s also expensive for them to bid on contracts — if they don’t win, they may run out of cash.”As a result of labyrinthine systems and mountains of paperwork, finding and bidding for U.S. federal contracts is a laborious process.
To attempt to give these small businesses a boost, Goltser, Mason and Doherty founded GovDash, a platform that provides workflows to support government contract capture, proposal, development and management processes.
New York-based, six-employee GovDash currently works with around 30 federal contractors across the U.S., Doherty said, and is “nearly” cash-flow positive.
MariaDB is the subject of another potential takeover bid, as the company behind the eponymous open source relational database management system (RDBMS) confirmed it had received a provisional offer from California-based K1 Investment Management.
In the months that followed, MariaDB received its first “unsolicited non-binding indicative proposal,” this time from existing investor Runa Capital which tentatively offered $0.56 per share in cash.
Three weeks later, Runa stated that it wouldn’t be acquiring MariaDB after all, but instead an associate company called RP Ventures would be providing a $26.5 million loan.
This news led MariaDB’s stock to more than double in a couple of days, which is why K1 is making its bid relative to MariaDB’s closing price before any forbearance agreement was announced.
So in many ways, K1 is perhaps better suited to take over MariaDB than Runa was, even if it ultimately decides against it.
Last year the Commission released some documents relating to its exchanges with the company in question but denied access to others.
But EU legislation is a three way affair — requiring buy in from the Commission and Council, too.
Here’s the statement, attributed to European Commission spokesperson for Home Affairs, Anitta Hipper:The Commission will provide access to documents as appropriate and within our legal framework.
Specifically, as regards the Ombudsman recommendation, the Commission will carefully consider the recommendation of the Ombudsman.
We reached out to Thorn but it did not respond to a request for comment about the ombudsman’s inquiry.
