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Technology Stocks : Softbank Group Corp -- Ignore unavailable to you. Want to Upgrade?

To: bobkansas who wrote (3672)	2/4/2000 2:11:00 PM
From: astyanax	Respond to of 6020

Right on, Bob! I've said it many times before (albeit hyperbolically speaking of course) - the traditional tech fund manager will find his/her role increasingly usurped by these VCs. Want an example? How about me - after Ryan Jacob bailed out of the Internet Fund in July, I bailed out shortly thereafter too. Where did I put much of that money? Into Softbank, which replaced WWWFX as my largest holding. Tech funds ignore a huge universe of privately-held companies. VCs also do more than pick stocks. They create companies. Or in Softbank's case, perhaps they create empires. And when these empires go public, the tech fund managers (clueless net fund managers notwithstanding) eventually pick their stocks. - Netconductor.com