Thursday, May 29, 2008

StL gave Oakwood 1/2 Million Dollars???

What the hell?

Article in recent STL Business Journal:

"St. Louis development fund invests in Oakwood Systems.Oakwood Systems Group Inc. received a $500,000 investment for expansion from the St. L Business Development Fund, which invests in St. L based companies that are unable to access sufficient senior debt to finance organic growth or acquisition.Creve Coeur MO based technology consulting firm Oakwood Systems is one of the fastest growing private companies in the St. Louis area, according to Business Journal research. The company reported $7.5 million in fiscal 2006 revenue, a 92.3 percent increase from fiscal 2004 revenue of $3.9 million. The firm has 85 employees and an office in Nashville, TN."

If this isn't the funniest thing I've heard in a long time - it's gotta be up there. Of course this will only be funny to those of you who have heard my stories about my time at Oakwood and the goings on there.

1 comment:

Octupul said...

Cute but, not unexpected. They are pretty sneaky there at oakwood