From: Gordon Mohr (email@example.com)
Date: Thu May 04 2000 - 12:35:13 PDT
This is a couple of weeks old, but I haven't seen it posted and
found it compelling:
-- Fortune 04/17/2000 "When the Money Goes Down the Drain" Randall E. Stross
Benchmark Capital is one of Silicon Valley's top venture firms. But when partner David Beirne bet millions on TriStrata--instead of a startup called Priceline--he had made a mistake he couldn't rectify. No matter how he tried.
At the heart of a big mess was the fact that a lot of high-powered investors and execs didn't understand one-time-pad encryption well enough to be skeptical of a claimed breakthrough.
This archive was generated by hypermail 2b29 : Thu May 04 2000 - 12:42:46 PDT