Ethics-Governance: Article: Who's Holding the Bag?

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Who's Holding the Bag? Issues in Ethics - V. 12, N. 1 Spring 2001 Who’s Holding the Bag? An Intervew with Donald Milder When high-tech IPOs soared, who profited? And when the inflated stock values plunged, who suffered? Were there ethical breaches involved? We asked Milder to comment: In 1998-99, market valuations rose far beyond any venture investors’ expectations because of excitement about the technology space. If you were fortunate enough to invest in a successful company in the technology sector, your ability to go public was assured, and the company’s valuation in the public market was likely to be far in excess of any historical metric. The venture funds, which are always watching very closely, were quick to pick up on the trend and they started flooding the technology sector. Full Article: http://www.scu.edu/ethics/publications/iie/v12n1/bag.html


2006 Ethics-Governance.com