The Great Internet Stock Correction of 1997, or 1999, or …
Feld Thoughts
APRIL 21, 2014
” I remember a moment in time in 1997. Our underwriters (Merrill Lynch) told us not to worry that the SEC hadn’t cleared our filing yet – they always did it a few days before you went public. Day after day passed and we didn’t hear from the SEC. It was the first VC fund I’d helped raise.
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