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(The Business Journals)   Bessemer Venture Partners passed on the chance to be an early investor in eBay. "Stamps? Coins? Comic Books? You've GOT to be kidding," said partner David Cowan. "It was a no-brainer pass"   ( bizjournals.com) divider line
    More: Amusing, Bessemer Venture Partners, investors  
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686 clicks; posted to Business » on 20 Sep 2013 at 5:19 PM (4 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»

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2013-09-20 05:41:24 PM  
I passed up on the chance to to buy AOL in the late 80s, right after Steve Case took over, because I felt there was no future in dialing-up to bulletin board systems.

In the long run I was correct in that assessment. But I missed making a fortune in the process.
2013-09-20 06:07:36 PM  
If it were easy to know what would make money and what would fail, no one would ever "get rich" off a serendipitous investment.  Those who benefited would just "stay" rich.
2013-09-20 06:25:21 PM  
The own every other farking thing, why not this?
2013-09-21 06:04:07 PM  
I love it when venture capitalists guess wrong.
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