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Topic: burn venture capital burn

nyt: In just seven minutes of intense telephone bidding, preservationists won the battle yesterday for Ludwig Mies van der Rohe's legendary Farnsworth House, paying $7.5 million at a Sotheby's auction in New York. They competed against only one other telephone bidder, who was not identified. [...] "It will be taken care of and forever open to the public." [...] "We had about 30 people who gave over $250,000," Mr. Bahlman said. "A few were architects, some were the usual Chicago philanthropists and others were newcomers. Yesterday a man we didn't know called, offering to give $250,000. By the time the phone call was over, he had given $750,000."

praschl | 14. Dezember 03




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