Ridgewood: Feet First Into The Tech Meltdown

This VC firm is throwing huge sums at high-tech startups

Tech stocks may be down, but Robert L. Gold, chief executive of Ridgewood Capital, a private equity firm, is far from out. In fact, he has only just begun a tech buying spree, which makes him stand out in a market that has other venture capitalists running scared. With the AMEX Internet Index's 66% drop through Oct. 18, says Ken Andersen, managing editor of the newsletter VentureWire, "the venture capitalists are cutting their losses."

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