Nov 25, 2002Nov. 25, 2002 - In 2000, at the peak of the Internet boom, venture capitalists pumped a mind-boggling $102 billion into startups in the United States. Venture capitalists were raising money so fast they literally couldn’t find enough companies to invest in. They were pouring money into Linux companies that admitted they might never make a profit and into startups like Pixelon, which spent $16 million on a Las Vegas launch party. John Doerr, the leg...
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