From Web Whiz To Fund Runner
Steve Harmon bills himself as the first Internet stock analyst. In 1994, he started covering the fledgling Web industry for Paul Kagan Associates and later for Jupiter Communications. He subsequently developed a following among online investors by predicting, on the eve of its 1996 initial public offering, that Yahoo! would become a major Internet force. He also was an early fan of such hot Net stocks as CMGI and eBay. In August, Harmon, 35, started his own venture-capital and investment firm in San Francisco, e-harmon.com, with backing from such Silicon Valley heavyweights as Netscape Communications co-founder Marc Andreessen. Personal Finance Editor Susan Scherreik spoke with Harmon about his two new funds, which he plans to launch this spring: the e-harmon Net 30 Index Fund and the e-harmon Internet Fund.
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