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Buy, Lie, and Sell High: How Investors Lost Out on Enron and the Internet Bubble by D. Quinn Mills

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Chapter 2. Destroyed by the Bubble

The room was full of people, some of whom controlled large amounts of investors' money. David Perry stood nervously as he prepared to step to the front and address the group during the Harvard Business School new business competition. It was for this that he had come to the Harvard Business School, but he could not escape misgivings. What if he bombed? Still, he'd prepared well, and as the final seconds sped by before it was his turn to present, excitement at the prospect before him pushed aside other emotions.

Perry stepped to the front of the room, wiped a bead of sweat from his forehead, and began, “I'd like to introduce a new concept to you. I call the company Chemdex.” He went on to discuss a new forum ...

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