LinkedIn: Endorsed for Financial Acumen

Photograph by Niall Carson/AP Photo

Shed a tear for all those forgotten fin de siècle dot-com flameouts. Didn’t they almost have it all? For a fleeting few minutes, such companies as Excite@Home swelled with tens of billions of dollars of market cap—paper gains that just vaporized when it all went bust. If only more defunct startups had had the humility and forethought to bank some of that wealth by selling more shares when the selling was good.

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