New Economy: Part II
from the it-makes-a-lot-of-new-economy-cents dept
Buy cheap and sell high, that's one of the oldest rules in the book about stock market investing but now it seems that established blue chips are now taking this approach towards venture capital investing. Now that a lot of the steam has been pushed out of new economy companies' valuation, many blue chips have been increasing the amounts of investments they've been making. Maybe they were smarter than they seemed and were just waiting for the right time to get involved at more reasonable valuations.
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