Elevation Partners

While doing some research on Palm, Inc for a client this past week I ran across some interesting information. I found that Bono, from the band U2, is the man behind an investment group / private equity firm called Elevation Partners. They are currently working on a recapitalization plan with Palm, Inc that will effectively make them a 25% shareholder in the company. So what does this all mean? Maybe some cool U2 exclusives in the future for Palm Treo users.

Website: Elevations Partners