What if it’s 1996, not 1999?
Seeing Both Sides
APRIL 10, 2011
In May 1996, Open Market completed a successful IPO and more than doubled on the first day of trading, ending with a $1.2 million in revenue the year before. . In 1997, a Charles River Ventures fund yielded a stunning 15x return, backing such superstars as Ciena, Vignette and Flycast. This IPO and others like it (e.g.,
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