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To: patron_anejo_por_favor who wrote (11607)8/16/2000 6:56:53 PM
From: Ken98  Read Replies (1) | Respond to of 436258
 
Actually this is probably one of the milder forms of internet malinvestment. In the 2Q of this year there was over $19.5B in venture capital funding, of which $11.67B ALONE went to internet companies:

dallasnews.com

One of the more active venture capital groups in Dallas recently is affiliated with a company that makes railroad cars - which I agree makes about as much sense as a coffee stand operator buying a stake in an online furniture retailer. Probably of greater importance are the retail banks like Chase that are up to their eyeballs in these turds.

My favorite one though is the multi-million dollar funding for BBQ.com to sell grills and charcoal on line.