Remove 1997 Remove Internet Remove IRR Remove Revenue
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What if it’s 1996, not 1999?

Seeing Both Sides

million in revenue the year before. . But if that observation led them to refrain from investing in the Internet sector, they would have missed one of the most stunning legal creations of wealth in history. In 1997, a Charles River Ventures fund yielded a stunning 15x return, backing such superstars as Ciena, Vignette and Flycast.

IPO 48